Material weakness
high
Filing comparison
Solowin Holdings, Ltd. reported a material weakness in internal control
Internal control reported effective → Material weakness in internal control
Based on our assessment, we determined that, as of March 31, 2026, our internal control over financial reporting was not effective based on those criteria. - 135 - As a result of our assessment, management identified the following material weakness as of March 31, 2026: we lack sufficient accounting and financial reporting personnel with requisite knowledge and comprehensive accounting and reporting policies and procedures relating to the application and compliance with SEC rules and regulations. We are committed…
Evidence
- Current state
- material_weakness
- Current state label
- Material weakness in internal control
- Direction
- newly reported
- Prior filed
- 2025-06-30
- Prior form
- 20-F
- Prior state
- effective
- Prior state label
- Internal control reported effective
- Remediation stated
- Yes
- Severity
- high
- Source
- Item 9A internal control conclusion, compared with the prior filing
- Why
- The company's conclusion on internal control over financial reporting changed: a material weakness was newly reported, or a previously reported one no longer appears.