Auditing and Assurance Standards and Guidance

Miscellaneous Auditing Documents

FRC Audit Enforcement Procedure

Part 9 - General

Notice of Cancellation
74.Until the Notice of Referral to the Enforcement Committee is issued, Executive Counsel may decide that the Respondent should no longer be liable for Enforcement Action subject to Rule 4(c).
75.The Enforcement Committee may decide that the Respondent is not liable for Enforcement Action pursuant to Rule 23(a).
76.Until the Notice for a Hearing is issued, the Tribunal Chair may decide that the Respondent should no longer be liable for Enforcement Action.
77.Where Executive Counsel, the Enforcement Committee or the Tribunal Chair makes a decision under Rules 74 - 76, they shall:
 (a)notify the Respondent of the decision;
 (b)inform any other Party as appropriate and the reasons for the decision.
78.The Chair may, of his own volition or upon the application of a Party, cancel a Hearing.
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