Provision of External Auditor Services for the Central Bank of Ireland

Tender description

There is a requirement for the Central Bank of Ireland (the ‘Central Bank’) to have an external audit carried out by an independent auditor or a firm of auditors recommended by the Governing Council and approved by the EU Council, as required under Article 27.1 of the Statute of the European System of Central Banks (ESCB) and of the European Central Bank (ECB). The Central Bank wishes to appoint an independent external auditor to audit its financial statements under this statute. Copies of the Annual Report & Annual Performance Statement for previous years, which contain the financial statements for the Central Bank, are available on our website www.centralbank.ie. The successful independent external auditor is also required for the provision of other audit services e.g. Superannuation Scheme, engagement in connection with the audit of the annual financial statements of the European Central Bank, Banking and Investment Firms Resolution Fund, Deposit Guarantee Fund. The audit firm appointed in accordance with Article 27.1 of the ESCB/ECB Statue should be independent from the Central Bank. In this regard, Tenderers are requested to refer to the document entitled “Good Practices for the selection and mandate of External Auditors according to Article 27.1 of the ESCB/ECB Statute” (approved by the Governing Council of the ECB). In the spirit of independence, this document also defines prohibited non-audit services in its Annex.