“Noewe” Business Academy: what information licensed companies need to know about the new internal audit regulations

We are sharing an interview with Ieva Bakutiene, “Noewe” Licensing Services Manager, where Ieva talks about what internal resources Electronic Money Institutions and Payment Institutions will have to use after the Bank of Lithuania introduced a new obligation for licensed companies to have an internal auditor and whether it is better to outsource the implementation of these functions to external service providers – consultants.

Ernestas Švoba, Project Manager at “Nordgain” within the group of “Noewe”, also shares his insights on the recent intensification of internal audit services in the market.

Full review in Lithuanian in Lrytas.