OM-3.7.2

Past version: Effective from 01 Jan 2011 to 30 Sep 2015
To view other versions open the versions tab on the right

The CBB will generally not permit licensees to outsource their internal audit function to the same firm that acts as their external auditors. However, the CBB may allow short-term outsourcing of internal audit operations to a licensee's external auditor, to meet unexpected urgent or short-term needs (for instance, on account of staff resignation or illness). Any such arrangement will be limited to a maximum of one year.

Amended: January 2011
October 07