Directors Chapter by IFSP Malta

ecoDa News: Audit supervision – Discussion with DG FISMA
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ecoDa News: Audit supervision – Discussion with DG FISMA

lizianne By lizianne January 08, 2026

On 17 November 2025, ecoDa held a bilateral meeting with DG FISMA on audit supervision. ecoDa called for stronger transparency and clearer information for audit committees, in particular by:

  • Making audit inspection reports public and ensuring audit committees are informed in advance of inspections and receive the final reports.
  • Improving the clarity of inspection reports on issues most relevant to audit committees, such as internal quality control systems, consistency of reported audit hours, and the rating of deficiencies.
  • Enhancing transparency reports through more informative, harmonised and quantified metrics (e.g. partner quality assessments, training attendance, internal quality systems, and staff engagement).
  • Introducing harmonised metrics in audit regulators’ annual reports on audit quality, including the proportion and severity of identified deficiencies.

Read our position on audit supervision.