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The Senate of the Oliy Majlis of the Republic of Uzbekistan
discussed and approved a new edition of the Law On audit
activity (hereinafter – the Law in a new
edition ) during its twelfth plenary meeting on February 5,
2021. The Law in a new edition was developed in order to ensure the
implementation of the Resolution of the President On measures
for the further development of audit activity in the Republic of
Uzbekistan No.PP-3946 dated September 19, 2018.
It is important to note that the existing Law On audit
The Reserve Bank of India (RBI) has pulled up several multinational banks operating in the country for not providing a board-approved system audit report certifying compliance with its data-localisation norms.
The deployment of Azures artificial tools has, among other things, allowed ICICI Lombard to improve the accuracy of its quality audits. According to Girish Nayak, ICICI Lombards chief technology officer, the use of cognitive intelligence technology will automate quality checks which will in turn make their service more efficient.