Principles of Internal Audit for Local Banks Operating in the Kingdom of Saudi Arabia

Release Date:	1443-04-26
Release Tool:	Councils and commissions decisions
Issuance Instrument Number:	43037826
Validity:	Valid
Summary:	By AI The document addresses the principles of internal auditing for local banks in the Kingdom of Saudi Arabia, issued by the Central Bank, with the aim of enhancing the efficiency and effectiveness of governance and risk management. The document consists of three main chapters: Introduction and General Provisions, Responsibilities and Duties of the Council and the Audit Committee, and Requirements for the Internal Audit Unit's Activities. The document emphasizes the importance of independence and ne...

Release Date:

1443-04-26

Release Tool:

Councils and commissions decisions

Issuance Instrument Number:

43037826

Validity:

Valid

Summary:

By AI

The document addresses the principles of internal auditing for local banks in the Kingdom of Saudi Arabia, issued by the Central Bank, with the aim of enhancing the efficiency and effectiveness of governance and risk management. The document consists of three main chapters: Introduction and General Provisions, Responsibilities and Duties of the Council and the Audit Committee, and Requirements for the Internal Audit Unit's Activities. The document emphasizes the importance of independence and ne...