# Decision of the Board of Governors of 20 January 2016 on the Amendments to the Rules of Procedure of the EIB to reflect the Strengthening of the EIB Governance [2016/772], Article 24

Extent: E+W+S+N.I.

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.

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Source: https://www.legislation.gov.uk/eudn/2016/772/annex/article/24 (the official version)
Page: https://openlegislation.uk/eu-decision-2016-772/annex/article-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.