AA-A.2.3
A list of recent changes made to this Module is detailed in the table below:
Module Ref. | Change Date | Description of Changes |
AA-3.1 | 01/10/05 | Corrected reference to Form IFR and IMR |
AA-4.1 | 01/10/05 | Added transition rule for requirement for reporting actuary 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. |
AA-4.3.2 | 01/07/06 | Added a requirement that the Signing Actuary is subject to the approval of the CBB. |
AA-A.1.3 | 01/2007 | New Rule introduced, categorising this Module as a Directive. |
AA-1.2.3 | 01/2007 | Rule redrafted to clarify reporting obligation. |
AA-1.5 | 01/2007 | Paragraphs AA-1.5.3 and AA-1.5.5 updated to reflect CBB Law requirements on auditor independence. |
AA-3.1.1 | 01/2007 | Clarified that the external auditor's Agreed Upon Procedures are to be submitted to the CBB within four months from the insurance licensee's financial year end. |
AA-3.2 | 01/2007 | Added a new section referring to the audit report required as per Module FC. |
AA-3A | 01/2007 | Added a new Chapter on Accounting Standards |
AA-4.1.7 | 01/2007 | Clarified that the first three-year period referred to for the report of the signing actuary is for the period ending 31 December 2008. |
AA-1.3.1A | 10/2007 | Clarified the transition period for the rotation of audit partner. |
AA-4 | 10/2007 |
Amended Actuarial reports Chapter to reflect new definitions of |
AA-2.3 | 01/2008 |
Corrected reference to |
AA-A.1.3 | 01/2011 | Clarified legal basis. |