Statutory auditors of banking institutions in the DRC must either be Congolese nationals or legal persons established under the law of the DRC and with capital held in majority by Congolese nationals.
CHAPTER II: STATUTORY AUDITORS
Section 49:
The General Meeting of shareholders, partners or members of each Credit Institution is required to appoint as Statutory Auditor either two natural persons or one
legal entity among those approved by the Central Bank.
The conditions of approval are:
1.for natural persons
- have Congolese nationality; [...]
2.for legal persons
- be under Congolese law and with capital held in majority by Congolese;
- be managed by Nationals;
- exercise an independent professional activity in the field of accounting control;
- be affiliated with a recognized professional organization. [...]" (Law n°003/2002 of 02/02/2002 relating to the activity and control of credit institutions [google translation])
Law n°003/2002 of 02/02/2002 relating to the activity and control of credit institutions [google translation]
[<a href="https://www.leganet.cd/Legislation/Droit%20economique/Banques/loi.003.02.02.2002.pdf">Law</a>]