ES-A.2.3

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Past version: Effective from 01 Apr 2011 to 31 Mar 2012
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A list of recent changes made to this Module is provided below:

Module Ref.	Change Date	Description of Changes
ES-1.1	01/07/05	Module BR: Corrected first quarterly return due for the period ending 31 March 2006.
ES-1.1	01/10/05	Clarified application of Module FC to insurance managers.
ES-1.10	01/10/05	Corrected cross-reference referring to examples of suspicious transactions.
ES-2.4	01/10/05	Added transition period for actuarial requirements for insurance firms whose long term insurance business is restricted to group life policies having a maturity of less than or equal to 1 year.
ES-2.5	01/10/05	Corrected cross-reference.
ES-2.6	01/10/05	Updated transition rules for minimum Tier 1 capital.
ES-1.1	01/01/06	Transition rules for reporting by insurance firms updated.
ES-2.7	01/01/06	A Section on transition rules for reporting by insurance firms was added.
ES-1.1.5	01/07/06	Transition rule for Modules RM and PD has been added.
ES-2.6A	01/07/06	Added transition rules for physical security measures and third party insurance.
ES-2.8	01/07/06	Transition rules in respect of semi-annual disclosure requirements have been added.
ES-A.1.6	01/2007	New Rule introduced, categorising this Module as a Directive.
ES-1.1.9 and ES-2.4.2	01/2007	Clarified the first period for which a report from the Signing Actuary is required.
ES-1.1.9 and ES-2.6B.1	01/2007	Allowed for a transition period for the external auditor's report required under Subparagraph FC-3.3.1(d).
ES-1.1.9	10/2007	Minimum Tier 1 capital only applies to Bahraini insurance firms.
ES-1.2.2	10/2007	Pure reinsurers can undertake both general insurance business and long-term insurance business within the same entity.
ES-2.4.3	10/2007	Clarified the transition period for the rotation of audit partner.
ES-2.6.2	10/2007	Minimum Tier 1 capital only applies to Bahraini insurance firms.
ES-1.1, ES-1.2, ES-1.11, ES-1.14	10/2009	Reference added to appointed representatives as per Resolution (11) of 2009.
ES-1.2.3	10/2009	Amended list of controlled functions to be consistent with Module AU.
ES-1.5.4	10/2009	Amended to be consistent with Section AA-4.2.
ES-2.5.4	10/2009	Introduced transition rule for new requirements for appointed representatives as per Resolution (11) of 2009.
ES-A.1.6	01/2011	Clarified legal basis
ES1.1.9, ES-1.4, ES-1.17.3 and ES-2.3	04/2011	Amended to reflect changes to Module HC.