CA-1.5 CA-1.5 Review of Prudential Information Returns by External Auditors
CA-1.5.1
The CBB requires all relevant banks to request their external auditors to conduct a review of the prudential returns on a quarterly basis in accordance with the requirements set out under section BR-3.1. However, if a bank provides prudential returns without any reservation from auditors for two consecutive quarters, it can apply for exemption from such review for a period to be decided by CBB.
Apr 08