Mr x is a Partner of a large international accounting firm. one of his client caf limited (CAF) a large multinational corporation. Mr x prides himself on his professional integrity and the unbiased attitude he takes to all his assignments. recently, mr x was very surprised and happy to find that his daughter was engaged to a young man, mr Y. however, mr x was alarmed to discover that mr y is the financial controller of one of caf's production divisions. mr x is concerned that this may affect others' perception of his role as auditor. he is considering withdrawal from the engagement team for the current financial year. it is now march and caf's financial year end is 30 June. the interim audit work has been completed with no major problems being noted.

Discuss whether mr x is obliged to withdraw from the engagement team in the current financial year.