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  • LR-2.7 LR-2.7 Condition 7: External Auditor

    • LR-2.7.1

      Article 61 of the CBB Law requires that conventional bank licensees must appoint an external auditor, subject to the CBB's prior approval. The minimum requirements regarding external auditors contained in Module AU (Auditors and Accounting Standards) must be met.

      Amended: October 2010
      October 2007

    • LR-2.7.2

      Applicants must submit details of their proposed external auditor to the CBB as part of their license application.

      Amended: October 2010
      October 2007