Markets regulator Sebi on Wednesday expanded the listing of eligible professionals who could be a part of the inner audit group for Credit score Ranking Companies (CRAs), making it extra inclusive. Earlier, the inner audit group for CRAs was required to incorporate a Chartered Accountant (ACA/FCA), and a Licensed Data Methods Auditor (CISA) or somebody with a Diploma in Data System Audit (DISA).
With the newest replace, the revised standards now enable for both a Chartered Accountant (ACA/FCA) or a Value Accountant (ACMA/FCMA), together with knowledgeable holding one of many following {qualifications}: CISA, DISA, or DISSA (Diploma in Data System Safety Audit from ICMAI).
“The audit group should be composed of a minimum of a Chartered Accountant (ACA/FCA) or a Value Accountant (ACMA/FCMA) and a Licensed Data Methods Auditor/ Diploma in Data System Auditor/ Diploma in Data System Safety Audit (CISA/ DISA/ DISSA),” Sebi stated in its round. The brand new necessities are relevant with rapid impact.
