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Max Planck Encyclopedia of International Procedural Law [MPEiPro]

Internal Audit Department: Black Sea Trade Development Bank (BSTDB)

Tina Zappile

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 25 November 2020

Access to information — Compliance monitoring in international organizations — Quasi-judicial bodies, procedure

Published under the direction of Hélène Ruiz Fabri, with the support of the Department of International Law and Dispute Resolution, under the auspices of the Max Planck Institute Luxembourg for Procedural Law.

1 The Internal Audit Department (‘IAD’ or ‘Internal Audit’) of the Black Sea Trade and Development Bank (‘BSTDB’ or ‘Bank’) is an independent department that examines and evaluates all of the Bank’s activities (Corporate Governance Framework, 2007, 15), and handles the primary complaint mechanism for the Bank. This department derives its authority from the BSTDB’s Internal Audit Charter (2002) and reports to the Board President and Board of Directors’ Audit Committee. The primary objective of Internal Audit is to assist management and contribute to sound corporate...
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