Article 24
United Kingdom
1.
Pursuant to Article 12 of the Statute, an Audit Committee (hereinafter referred to as ‘the Committee’) shall annually verify that the operations of the Bank have been conducted and its books kept in a proper manner.
2.
It shall be responsible for the auditing of the Bank's accounts.
3.
It shall verify that the activities of the Bank conform to best banking practice applicable to it.