We are delighted to announce that Moore Management has now achieved the highly respected International Standard on Assurance Engagements (ISAE) 3402 Type II accreditation.
Building upon our previous level one accreditation, which was awarded to the business in 2015, this accolade marks the end of a large-scale project focused on further developing and aligning our operations in Guernsey, Jersey and the Isle of Man.
ISAE 3402 is a global assurance standard developed by the International Auditing and Assurance Standards Board (IAASB) for reporting on controls within a service organisation. The assurance report is issued by auditors to companies who are able to demonstrate that their control environment meets a standard able to provide users with “reasonable assurance”.
The ISAE Type II report was issued to Moore by PwC, confirming the establishment and operation of effectively designed internal controls to achieve specified control objectives.
Jon Trigg, our Head of Global Fund Services, comments:
“Obtaining this prestigious Type II accreditation is a fantastic achievement for Moore and is the natural way for us to demonstrate to our clients, investors and counterparties just how robust and effective our internal control environment is. Coupled with the significant technological developments we have implemented in recent years, this provides us with a fantastic foundation on which we can continue to develop our global service offering.
“The project has required commitment, expertise and cross-jurisdictional cooperation between team members from all areas of our business, and I would like to take this opportunity to thank PwC and all of the team involved for their incredible hard work and enthusiasm throughout.”