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INFO 290

Resignation and removal of auditors of Australian financial services

This is Information Sheet 290 (INFO 290). It is for auditors of Australian financial services (AFS) licensees who wish to resign from office.

In plain English

INFO 290 explains how auditors of Australian financial services licensees can resign or be removed from their role.

INFO 290 applies to auditors of Australian Financial Services (AFS) licensees. It outlines the requirements for resigning or being removed. It details obligations for both the auditor and the licensee. It also covers notification requirements to ASIC. This information sheet was last updated by ASIC.

Why it matters

AFS licensees must follow specific procedures when an auditor resigns or is removed. This ensures a smooth transition and maintains audit quality. Failure to comply could impact the licensee’s regulatory standing.

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AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.

Issuing regulator

ASIC

Topics


Source: https://www.asic.gov.au/for-finance-professionals/company-auditors/your-ongoing-obligations-as-a-registered-company-auditor/auditor-resignation-or-removal/resignation-and-removal-of-auditors-of-australian-financial-services/. Rules Mate indexes + summarises; always verify against the regulator's live publication.