Regulatory Alerts2015-06-24
Decision on the Content of Report on the Audit of Financial Statements of an Insurance/Reinsurance Undertaking
The Executive Board of the National Bank of Serbia issued this Decision to define the mandatory content of audit reports for insurance and reinsurance undertakings. It requires licensed auditors to include specific elements such as their opinion, audited financial statements, management letters, and detailed analyses for regulatory purposes. These analyses must cover financial statement reviews, business quality metrics, governance systems, and operational compliance to ensure accurate oversight by the central bank.
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