Section 113, The Banking Act, 2019

(1) An external auditor of a bank or financial holdingcompany shall submit to - (a) the bank or financial holding company, and (b) the Central Bank, at least once in year, a statutory audit report and a long form audit report. (2) An external auditor shall state in the statutory audit report under subsection (1), whether or not - (a) the accounts give a true and fair view the state of affairs of the bank or financial holding company and its results for the period under review; (b) the external auditor was able to obtain all the information and explanation required for the efficient performance of the external auditor's duties; (c) the bank or financial holding company's transactions are within the powers of the bank or financial holding company; and (d) the bank or financial holding company has complied with the provisions of this Act and any other relevant legislation. (3) The external auditor shall submit a long form audit report on the accounts and the affairs of the bank or financial holding company generally and in addition comment on the matters to be specified in directives made by the Central Bank.