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The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has taken enforcement action against ADGM-registered audit firm, KPMG Lower Gulf Limited (KPMG). The RA imposed a financial penalty in the amount of USD 30,000 against KPMG for ineffective
KPMG’s systems gaps led to ‘non-compliance with audit requirements’
Abu Dhabi, 31st August 2023: The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has taken enforcement action against ADGM-registered audit firm, KPMG Lower Gulf Limited (KPMG). The RA imposed a financial penalty in the amount of USD 30,000 against KPMG for ineffective systems and controls leading to non-compliance with audit requirements under RA-administered legislation. ADGM audit regulatory framework requires audit reports to be issued and signed by ADGM Registered Audit Principals on behalf of an ADGM Registered Auditor. The RA found that KPMG...
Resignation of Zhenchao Li and Appointment of Wallace Lee as New Chief Financial Officer On April 7, 2023, Zhenchao Li, Chief Financial Officer of Bon Natural Life Limited ,... | April 21, 2023
VANCOUVER, BC / ACCESSWIRE / December 20, 2022 / Gemina Laboratories Ltd. (CSE:GLAB)(FRA:8I7) (the "Company" or "Gemina") is delighted to announce Dr. Michael Shannon has been appointed to constitute and