The Board of the Seafarers’ Pension Fund is responsible for arranging internal auditing. The Board approves annually the operating principles for internal auditing and, in connection with the action plan in December, an annual audit plan for the next calendar year.
The Board has outsourced internal audit services to an external service provider.
The results of internal audits and the recommendations for related measures are reported to the Chief Executive Officer and the Board. The CEO and Board shall take immediate actions to remedy the observed shortcomings.