Document ID: chunk:federal_register_of_legislation:F2024C01107:body:0:p99
Version: federal_register_of_legislation:F2024C01107
Segment Type: other
Provision Reference: 
Character Range: 272309–276216

Participant's internal controls. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the directors/partners**of the Participant, as well as evaluating the overall presentation of the financial information set out in the Return.

The Return has been prepared in accordance with Rule 9.2.4 of the ASIC Market Integrity Rules (Capital) 2021 as the Participant is complying with the Risk-Based Capital Requirements.

The Return may not be suitable for another purpose. Our report is intended solely for the Participant and ASIC and should not be distributed to or used by parties other than the Participant and ASIC.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

INDEPENDENCE

In conducting our audit, we have complied with the independence requirements of APES 110: Code of Ethics for Professional Accountants.

[QUALIFIED] AUDITOR'S OPINION

In our opinion, [except for the matters referred to in the qualification below], the Return of [Participant_name] for the [period] ended [date] presents fairly, in all material respects, the financial information of the Participant for the [period] ended [date] as required by ASIC in accordance with the ASIC Market Integrity Rules (Capital) 2021 that are relevant to the preparation and presentation of the Return.

QUALIFICATION (IF APPLICABLE)

Dated this .................................................. day of ..............................................................

Audit Firm "Signature" ....................................................................................................

Name of Audit Firm .............................................................................................................

Address of Audit Firm .........................................................................................................

Partner's Signature ..............................................................................................................

Name of Partner ...................................................................................................................

If an auditor is not satisfied as to any matter a qualified audit opinion should be expressed.

Schedule 1C Form 6: Risk-Based Capital Requirements—Key Risks and Internal Systems Statement

         ATTESTATION BY DIRECTORS/PARTNERS TO ASIC KEY RISKS AND INTERNAL SYSTEMS

Participant: ...........................................................................................................................

Year Ended: .........................................................................................................................

PARTICIPANTS KEY RISKS AND INTERNAL SYSTEMS STATEMENT

We hereby certify and represent that:

The Participant has developed and implemented adequate systems, procedures and controls reasonably designed to achieve compliance, at all times, with the requirements of the ASIC Market Integrity Rules (Capital) 2021, and which are appropriate for the nature and extent of the trading activities being conducted.

This includes review of the obligations under the ASIC Market Integrity Rules (Capital) 2021, the identification of the key risks facing the Participant and the establishment of systems, procedures and controls to monitor and manage those risks including the establishment of policies and procedures to ensure the accurate calculation of the capital requirements.

The systems, procedures and controls are operating effectively and are adequate having regard to the nature and extent of the Participant's trading activities to ensure compliance with ASIC Market Integrity Rules (Capital) 2021.

We have retained copies of the relevant documentation on which this representation is based and this is available