Regulatory Alerts2019-11-29
Regulation on the External Audit of Non-Bank Financial Institutions
The Central Bank of Kosovo issued this regulation to establish the regulatory framework for the external audit of non-bank financial institutions, defining the licensing, approval, and operational requirements for external auditors. The document mandates strict criteria for auditor independence, ethical conduct, and risk assessment, while outlining specific duties regarding audit scope, reporting, and confidentiality. It further details the Central Bank's authority to conduct quality reviews, withdraw approvals, and impose sanctions for non-compliance with the established standards.
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