BR-A.2.2

Past version: Effective up to 30 Jun 2007
To view other versions open the versions tab on the right

A list of recent changes made to this Module is provided below:

Module Ref. Change Date Description of Changes
BR-1.1 01/10/05 Corrected reference to Form IFR; Clarified definition of equity basis; amended requirement to have IFR reviewed (instead of audited) by external auditors; amended signatures required for IFR for overseas insurance firms and; added a paragraph detailing other reporting requirements.
BR-1.2 01/10/05 Amended requirement to have IMR reviewed (instead of audited) by external auditors; amended signatures required for IMR for overseas insurance licensees and; added a paragraph detailing other reporting requirements.
BR-1.4 01/10/05 Corrected reference to Form IFRQ and amended due date of quarterly return to within 45 days of the relevant quarter year end.
BR-2.2 01/10/05 Added notification requirement for appointed representatives and for reinsurance in excess of 25%.
BR-2.3 01/10/05 Clarified that prior approval for changes in controllers is required for all insurance licensees.
BR-1.1 01/01/06 Clarified that the Insurance Firm Return (IFR) of every insurance firm must be reviewed in accordance with the International Standard on Related Services applicable to agreed-upon procedures engagements. Added a transition period for the submission of the first IFR for the period ending December 31, 2006.
BR-1.2 01/01/06 Clarified that the IMR of every insurance intermediary and insurance manager must be reviewed, in accordance with the International Standard on Related Services applicable to agreed-upon procedures engagements.
BR-1.3 01/01/06 Added a transition period for the submission of the first GIFR for the period ending December 31, 2006.
BR-1.4 01/01/01 Added a transition period for the submission of the first QIFR for the period ending March 31, 2007.
BR-1.1 01/04/06 Added the requirement for filing a copy of the external auditor's management letter.
BR-1.2 01/04/06 Added the requirement for filing a copy of the external auditor's management letter.
BR-2.3.22

BR-2.3.23

BR-2.3.29(d)
01/04/06 Corrected cross reference to Module CA and clarified prior approval requirements in the case of insurance contracts with related parties; corrected cross reference to Module AU.