On request by the broker-dealer company, the Securities Commission revoked the investment firm license/authorization from the company Jorgić broker. Financial instruments of clients of this broker-dealer company, who had not selected an investment firm on their own, were transferred to Tesla Capital broker-dealer company, free of charge.
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This is a reminder to licensed certified auditors and audit firms of the requirement under the Audit Law and the stipulations of its Article 100. Specifically, when a licensed certified auditor or an audit firm, conducting an audit of a public interest entity (PIE) suspects of irregularities, it is required to inform the PIE and request investigative actions and measures. If the PIE does not investigate the irregularities observed, the licensed certified auditor or the audit firm in question must notify the Commission.
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Notice to Audit Firms: This notice concerns only tho audit firms who have not yet succeeded to achieve compliance with the Audit Law that the final deadline to do this is 31 March 2021. The audit firms are required to officially notify the Securities Commission of their achieved compliance with the new Audit Law. At the same time, the public is hereby informed that there will be no extending of the deadline.
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