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Audit Committee Internal Audit
10. Internal Audit
10.1 No appointment or termination of the appointment of the Head of Internal Audit may be made without the Committee's prior approval.
10.2 The Head of Internal Audit shall have the right of direct access to the Chairman of the Committee.
10.3 The Committee shall ensure that the internal audit function has the necessary resources and access to information to enable it to fulfil its mandate and that it is equipped to perform in accordance with appropriate professional standards for internal auditors².
10.4 The Committee shall monitor and review the work of the internal audit function, management's responsiveness to the internal auditor's findings and recommendations and the role and effectiveness of the internal audit function in the overall context of the Company and the Group's risk management system.
²See the Institute of Internal Auditors’ Code of Ethics and International Standards for the Professional Practice of Internal Auditing Standards.
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