AU-2 AU-2 Access
AU-2.1 AU-2.1 CBB Access to Auditor
AU-2.1.1
Islamic bank licensees must waive any duty of confidentiality on the part of their auditor, such that their auditor may report to the CBB any concerns held regarding material failures by theIslamic bank licensee to comply with CBB requirements.Amended: January 2011
October 07AU-2.1.2
The CBB may, as part of its on-going supervision of
Islamic bank licensees , request meetings with alicensee's auditor. If necessary, the CBB may direct that the meeting be held without the presence of thelicensee 's management orDirectors .Amended: January 2011
October 07AU-2.2 AU-2.2 Auditor Access to Outsourcing Providers
AU-2.2.1
Rule OM-3.5.1 (c) on
outsourcing agreements betweenIslamic bank licensees andoutsourcing providers requireslicensees to ensure that their internal and external auditors have timely access to any relevant information they may require to fulfil their responsibilities. Such access must allow them to conduct on-site examinations of theoutsourcing provider , if required.Amended: April 2012
October 07