The Bangko Sentral ng Pilipinas (BSP) has set out new rules to guide audit firms in their dealings with local banks and companies to ensure that good corporate governance principles are observed.

In a statement on Friday, the BSP said that the policy-making Monetary Board and the member-agencies of the Financial Sector Forum (FSF) approved the guiding principles on the “Bangko Sentral ng Pilipinas’ (BSP) Expectations for an Effective External Audit Function” in its recent meeting.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details