Regulatory Alerts2025-12-04 | BPRD Circular Letter No. 23 of 2025Added · Updated
Upgradation of Firm on Panel of Auditors Maintained Under Section 35(1) of Banking Companies Ordinance, 1962
The State Bank of Pakistan updates the Panel of Auditors maintained under Section 35(1) of the Banking Companies Ordinance, 1962, by adding specific Chartered Accountant firms to Category A, B, and C. Category A firms are authorized to audit all banks and Development Finance Institutions (DFIs), while Category B and C firms are restricted to institutions with assets up to 100 billion rupees and 15 billion rupees, respectively, or specific branch limits. This annexure to BPRD Circular Letter No. 23 establishes the current roster of eligible audit firms and their corresponding operational scopes.
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