LR-2.7 LR-2.7 Condition 7: External Auditors
LR-2.7.1
Conventional bank licensees must appoint external auditors, subject to the BMA's prior approval. The minimum requirements regarding auditors contained in Module AU (Auditors and Accounting Standards) must be met.LR-2.7.2
Applicants must submit details of their proposed external auditors to the BMA as part of their license application.