Expression of Interest to Participate in a Public Tender
APS Bank plc – External Audit Services

In terms of applicable rules for the mandatory rotation, or extension, of the services of external auditors, APS Bank plc is inviting qualified and eligible audit firms to express interest in participating in the Request for Proposal (RFP) process for the provision of such services.

Eligibility Criteria for Participation

At this preliminary stage, to be eligible for the RFP process, interested audit firms must satisfy the following criteria:

  1. Be registered as an audit firm with the Malta Accountancy Board.
  2. Demonstrate experience in auditing banks or financial institutions, preference being given to firms that have audited those listed on a Regulated Exchange.
  3. Possess expertise in the financial services industry, banking, governance and its regulatory, risk and controls environment.
  4. Be able to exhibit independence from, and no conflicts of interest with, APS Bank plc or its affiliates.
  5. Show compliance with the Code of Ethics issued by the Malta Accountancy Board.
  6. Have access to audit resources skilled in financial services, including IT systems audits, compliance reviews, and risk assessments.
  7. Use advanced audit technology to enhance audit quality and efficiency.
  8. Be enrolled in recognised audit quality assurance programmes and relevant professional bodies.
  9. Provide evidence of continuous professional development and track record in quality control.
  10. Be able to meet strict timelines and reporting deadlines as required by regulators, securities exchange, and other authorities.
  11. Have experience in preparing reports for audit committees and regulatory bodies.

Submission of Expression of Interest

Firms interested in participating in this RFP are kindly requested to submit their details through this form by noon, 31 July 2025. Any queries regarding this expression of interest may be addressed to Mr Ronald Mizzi, Chief Financial Officer by email on rfp.audit@apsbank.com.mt.

Firms that meet the eligibility criteria will be invited to participate in a public tender for external audit services which is expected to be adjudicated by the end of the financial year 2025.