Audit Service Provider Approvals

Operators licensed by the MGA may engage any approved Audit Service Provider (ASP) of their choice when a system and/or compliance review of their operations is required by the Authority. In this regard, ASPs interested in performing such Systems and/or Compliance Audits may apply to the MGA for their suitability to be assessed.

The MGA has issued the “Approved Audit Service Provider Guidelines” which is currently accessible to prospective applicants through the respective ASP application within the Licensee Portal. Such guidelines provide more details with respect to the following:

• Requirements of an entity to act as an approved ASP;
• ASP Requirements;
• Qualifications and requirements for an individual of an organisation to act as an approved leading auditor; and
• Systems and/or Compliance Audit Procedure.