Dear ECIP Participant: the due date for the independent auditor attestation (ECIP Securities Purchase Agreement, August 31, 2024)
Summary
A letter from the Emergency Capital Investment Program to ECIP participants on the due date for the independent auditor attestation that certain participants must submit under Section 4.1(d)(ii)(2) of the ECIP Securities Purchase Agreement. It states that Treasury will not consider those participants noncompliant as long as the auditor attestation is received by August 31, 2024. The letter reminds all participants that they must still certify their processes and controls for the Supplemental Report(s) under Section 4.1d(ii)(1) within 120 days of their fiscal year end, which is April 29, 2024 for participants with a December 31 fiscal year end.
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“Dear ECIP Participant: the due date for the independent auditor attestation (ECIP Securities Purchase Agreement, August 31, 2024).”
Original at home.treasury.gov. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/treasury-on-the-due-date-for-the-ecip-independent-auditor-requirement-29966c3ba5/
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Dear ECIP Participant: ECIP has recently received a number of questions regarding the due date for the independent auditor attestation that certain ECIP participants are required to submit in accordance with Section 4.1(d)(ii)(2) of the ECIP Securities Purchase Agreement. We want to inform you that Treasury will not consider ECIP participants that are subject to the auditor attestation requirement to be noncompliant with Section 4.1(d)(ii)(2) of the ECIP Securities Purchase Agreement as long as the auditor attestation is received by August 31, 2024. While the auditor attestation is only required for certain ECIP participants, please note that all ECIP participants must still certify that their processes and controls used to generate the submitted Supplemental Report(s) are satisfactory (as specified in Section 4.1d(ii)(1) of the ECIP Securities Purchase Agreement) within 120 days of their fiscal year end (April 29, 2024 for participants with a December 31 fiscal year end). This certification is made by the ECIP participant. ECIP recently emailed participants with the form of process and controls certification. ECIP participants should submit the process and controls certification on or prior to the April 29 deadline to the ECIP mailbox at ecip@treasury.gov. If you have any question or concerns regarding this communication, please email ECIP@treasury.gov Thank you, Emergency Capital Investment Program
File and source
- File
- TREAS-Announcement-Regarding-Independent-Auditor-Attestation-Extension.pdf
- Size
- 96,202 bytes
- SHA-256
- 3543283176fc6fe73f515233e75d160cc19473dc6174adba49e58cb5ccb0fb54
- Original
- home.treasury.gov