Capping audit fees risks weakening oversight
Bangladesh’s banking sector is fragile, strained by non-performing loans (NPLs), poor governance, weak regulations and a trail of scandals. At a time when public trust in banks is thin, the role of auditors as the last line of defence has never been more critical. Yet auditors have often failed to deliver robust scrutiny, not least because statutory audit fees have traditionally been set too low to support meaningful oversight.
2 September 2025, 18:00 PM