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Nordics region completes ISAE 3402 Type I assurance engagement

News · Article · Funds · Jersey

Nordics region completes ISAE 3402 Type I assurance engagement

Permian is pleased to announce the successful completion of an ISAE 3402 Type I assurance engagement, following an independent audit conducted by BDO.

The resulting ISAE 3402 Type I report provides assurance that our internal controls related to fund administration and fund accounting—also with a focus on IT systems and access rights management—are suitably designed as of the assessment date.

This achievement underlines Permian’s commitment to maintaining a robust and structured control framework and supports the delivery of reliable, high-quality services to our clients. It also provides fund managers, investors, and other stakeholders with enhanced transparency into how our operations are governed and controlled.

“This is an important milestone for us. It confirms that we have a strong foundation in place across our operational processes and control environment, reflecting the work and dedication of our team,” says Johanna Bjenne, Head of Fund Operations, Onshore.

The ISAE 3402 standard is widely recognised across the financial services industry and is commonly used in due diligence processes by institutional investors and partners.

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