CAPI 2.3.2 Time limit for annual prudential returns

A firm must give an annual prudential return to the Regulatory Authority within 3 months after the day the relevant financial year of the firm ends.

Example

If a financial year of an insurer ends on 31 December in a year, the annual prudential return for the year must be given to the Regulatory Authority before 1 April of the next year.

Amended by QFCRA RM 2019-1 (as from 28th March 2019).