Requirement for Temasek and GIC to Observe Policy of Rotating Engagement Partners of Their External Auditors
- Leon Perera asked whether Temasek and GIC rotate their external audit engagement partners after a set period.
- Temasek rotates its audit engagement partners every five years, aligning with SGX requirements for listed companies.
- GIC is audited by the Auditor-General, an independent constitutional body, rather than commercial auditors.