Regulatory Alerts2015-03-09
Decision on External Bank Audit
The Governor of the National Bank of Serbia issues this Decision to establish criteria for listing external auditors eligible to audit bank financial statements and to define the minimum scope of their reports. The regulation mandates that audit firms meet specific staffing and experience requirements, while prohibiting them from providing concurrent consultancy services to audited banks to ensure independence. Furthermore, it prescribes detailed content for audit reports, including solvency and risk exposure analyses, and sets strict deadlines for submission and public disclosure of these documents.
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