CI-A.2 CI-A.2 Module History
CI-A.2.1
This Sector Guide was first issued in April 2005 by the BMA together with the rest of Volume 3 (Insurance). Any material changes that have subsequently been made to this Module are annotated with the calendar date in which the change was made. Chapter UG-3 provides further details on Rulebook maintenance and version control.
Amended: January 2007CI-A.2.2
When the CBB replaced the BMA in September 2006, the provisions of this Module remained in force. Volume 3 was updated in January 2007 to reflect the switch to the CBB; however, new calendar quarter dates were only issued where the update necessitated changes to actual requirements.
Added: January 2007CI-A.2.3
A list of recent changes made to this Module is provided below:
Module Ref. Change Date Description of Changes CI-2.3 01/10/05 Clarified that captive insurers are exempt from several requirements dealing with Board composition, including the requirement to have a minimum of 5 Directors. CI-3.4 01/10/05 Updated cross-references to Module FC. CI-A.1.2 01/2007 Updated to reflect new CBB Law and new Rule CI-A.1.2 introduced categorising this Module as a Directive. CI-2.4 10/2007 Amended section to be in line with changes made for actuaries. CI-A.1.2 01/2011 Clarified legal basis CI-1.2.1 and CI-2.3 04/2011 Amended to reflect changes to Module HC. CI-A.2.4
Guidance on the implementation and transition to Volume 3 (Insurance) is given in Module ES (Executive Summary).
Amended: January 2007
