Öhman

Rotation of Auditor – Public tender pursuant to European Directive 2014/56/EU on statutory audits of annual accounts and consolidated accounts together with EU regulation No 537/2014 article 16.

Every ten years the Board of Directors of Öhman Bank S.A. conducts a review of their audit services to ensure quality, compliance and value for money. We are hereby writing to invite your firm to tender for being appointed Auditor of the year 2018.

Below is the list of professional services to be rendered:

• Audit of financial statements as required by the law of April 5, 1993.
• Reconciliation between the own funds and result of the FINREP prudential reporting (AUP) as per CSSF circular 08/340.
• Issuance of the Long Form report in accordance with CSSF circular 13/568.
• Consolidated statutory reporting.

Upon request, we will provide the Bank’s business plan and a copy of the 2017 annual accounts.

The criteria we will be applying for the evaluation is experience of the Luxembourg banking environment, experience and composition of the audit team as well as the level of fees.

We are inviting several firms to tender and intend to reduce the short list to two final firms for the presentation to the Board of Directors. Please deliver your tender letter during the month of June 2018. We look forward to receiving your tender. Should you require any further information please contact us directly.