The Committee established by the Board of Commissioners to assist the implementation of tasks and functions. The main task of this committee ensure the effectiveness of the internal control system and the effectiveness of the audit system, execute the supervision of financial reporting, risk management and GCG implementation on all fronts.
In addition to PBI, the Bank also complies with Bapepam Regulation No.IX.I.5, and Bapepam’s Chairman Decree No.Kep-643/BL/2012 dated December 7, 2012 pertaining to the Establishment and Operational Guidelines for the Audit Committee. Other regulations include the Independent Commissioners Guidelines and the Guidelines for the Establishment of an Effective Audit Committee formulated by the National Working Committee on Corporate Governance Policy in 2004 and General Guidelines on Good Corporate Governance in Indonesia in 2006 from the National Governance Policy Committtee.
Establishment of Audit Committee conducted based on a decision of the Board of Commissioners Number SKEP019/BABP/DIR/12-14 dated 18 December 2014. The Audit Committee carries out the tasks and responsibilities based on Audit Committee Charter of PT Bank MNC Internasional Tbk which is updated on 15 January 2013. The Audit Committee Charter has outlined the work objectives, organization structure, Audit Committee member requirements, tasks and responsibilities, authorities, meetings, reporting, performance evaluation, service period and Audit Committee’s compensation