Afrizan Tarmili Khairul Azhar

concerning the effective date of the sanctions imposed by the AOB (“2nd JR”) and an interim stay of among others, the sanctions imposed. The leave application and the interim stay were granted by the High Court on 27 January 2022. The 2nd JR by AFTAAS has been struck out by the High Court on 29 June 2022. On 28 July 2022, AFTAAS has filed an appeal to the Court of, to the high court against the sc and aob's decisions. on 10 august 2020, the high court quashed the sanctions imposed against aftaas. the sc has filed an appeal to the court of, , aftaas has made the following applications : on 31 december 2021 , aftaas applied to the court of, prohibit aftaas from accepting any public interest entity or schedule fund as its client or preparing reports in relation to financial information of any pie or schedule fund, as may be required under the securities laws or guidelines issued by the securities commission for 12 months; prohibit aftaas from auditing financial statements of a pie or schedule fund or preparing reports in relation to financial information of a pie or schedule fund, as may be required under the securities laws or guidelines issued by the commission for 12 months; and imposed a monetary penalty of rm455,000.00., stay order on the aob’s sanctions is also lapsed. following the decision of the federal court, the aob’s sanctions imposed on aftaas will take effect from 17 august 2022., to set aside the high court's decision.on 10 december 2021, the court of, ruled in favour of the sc and set aside the high court's decision on 10 august 2020 to quash the sanctions imposed against aftaas. following the decision of the court of, on 25 september 2019, aftaas appealed to the sc on the aob's decision. the sc dismissed the appeal and affirmed the decision made by the aob. the prohibitions to accept and audit any public interest entity or schedule fund for 12 months will take effect from 25 november 2019., aftaas filed an application for, ’s decision. on 20 january 2022, aftaas made an ex-parte application to the high court for leave to file, against the high court’s decision. on 14 november 2022, aftaas has filed a notice of discontinuance to withdraw their appeal to the court of, in relation to the 2nd jr. on 17 august 2022, the federal court ruled in favour of the sc and dismissed the aftaas leave application. court of, for a stay of execution of the aob’s sanctions until the disposal of their leave application to the federal court. the court of and granted a stay of execution of aob’s sanctions on 11 february 2022. on 7 january 2022, aftaas applied to the federal court for leave to appeal against the court of

Failure to comply with certain requirements of the approved standards on auditing in Malaysia, namely the International Standards on Quality Control as adopted by the Malaysian Institute of Accountants.

Breach the AOB's registration condition imposed under Section 31O(3) of the Securities Commission Malaysia Act 1993 .

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