The official site of Italy's central bank

Internal Audit Department

Head - Luigi Micio

The department performs audits of the Bank’s units, processes and IT procedures and infrastructure. It assesses the adequacy of internal control and risk management systems and fosters their continuous improvement. It performs audits on behalf of the European System of Central Banks.

The department also assists the Bank’s decision-making bodies in matters of internal controls and in drafting related policies. It provides, upon request, advice and assistance in specific areas and performs ad-hoc tasks such as special investigations. The department’s auditors may be placed temporarily in charge of units of the Bank. The department reports directly to the Governor.