Obligations

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Without prejudice to the obligations assumed in relation with the obliged subjects whose internal control measures have been examined or intend to examine, external experts have the following obligations.

Communication of the intention of acting as an external expert

Those intending to act as external experts must notify it to Sepblac before commencing their activity.

Neither Sepblac nor any other institution have accreditation, registration or habilitation functions assigned in relation with external experts. The communication of the intention of acting as an external expert does not mean that the communicator meet suitability conditions, so it is the responsibility of obliged subjects to exercise the utmost diligence in the selection process of the external expert who will examine their internal control procedures.

In particular, obliged subjects are warned about the use by certain professionals of expressions such as “Expert accredited by Sepblac” or similar.

Communication of the list of examined obliged subjects

External experts must report Sepblac on a semi-annual basis the list of obliged subjects whose internal controls have been examined. For this purpose, the semester will always consist on a natural semester (from January to June or from July to December). In any case, the list of obliged subjects whose internal control measures have been examined must be sent to Sepblac during the month following the end of the semester subject to communication.

Those external experts who have not examined the internal control measures of any obliged subject during a semester shall make no communication to that effect.