Monday, 23 May 2016
UK: PRA publications - audit committee requirements (policy statement) and internal governance (supervisory statement)
The Prudential Regulation Authority has published a policy statement (reference 16/16) on the implementation of audit committee requirements under the Statutory Audit Directive: see here (pdf). The publication of this policy statement has resulted in several changes being made to the PRA's supervisory statement on internal governance (reference 21/15). The revised statement is available here (pdf).