• 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 the Islamic bank licensee to comply with CBB requirements.

      Amended: January 2011
      October 07

    • AU-2.1.2

      The CBB may, as part of its on-going supervision of Islamic bank licensees, request meetings with a licensee's auditor. If necessary, the CBB may direct that the meeting be held without the presence of the licensee's management or Directors.

      Amended: January 2011
      October 07