Auditing guide on banks

IRELAND - Auditors of banks have been issued with guidance notes to help them decide when they should report matters of concern to the Central Bank. Similar practice notes from the Auditing Practices Board will be issued for the auditing of insurers and investment businesses.

The note points out that matters raised with the banks by the Central Bank in recent times include: financial sanctions against the Taliban; money laundering relating to the euro changeover; changes in lending and mortgag

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