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AU-5.4.3

In addition to any other information requested by the CBB, and unless otherwise directed by the CBB, an insurance licensee requesting CBB approval to undertake new regulated insurance services must provide the following documentation:

(a) A summary of the rationale for undertaking the proposed new service;
(b) A description of how the new service will be managed and controlled;
(c) An analysis of the financial impact of the new service; and
(d) A summary of the due diligence undertaken by the Board and management of the insurance licensee on the proposed new service.
Amended: July 2007