Regulatory Alerts2013-04-22
Notice No. 04/2013 of 22 March on External Audit
The Governor of the Banco Nacional de Angola issued Notice No. 04/2013 to regulate external audit activities and the certification of accounts for supervised financial institutions in Angola. The regulation mandates strict independence, qualification, and conflict-of-interest rules for external auditors while prohibiting the provision of non-audit services that could compromise objectivity. It further establishes administrative duties for institution management, reporting obligations, and sanctions for non-compliance with these prudential standards.
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