Increasing the relevance of Internal Audit - speech by Stephen Brown

Speech given at The Central Bank Governance Forum, Dubai on 14 December 2016
Published on 21 December 2016

Stephen considers the relevance of internal audit, taking in the state of internal audit in commercial banks during the financial crisis, subsequent changes to the supervisory and professional landscape and whether those changes have made any difference to internal auditing standards.

He also asks whether central banks and supervisors – and their own internal auditors – might be able to drive further improvement, and looks at the independence of internal audit.

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