CAPI 7.2.4 Time for giving report

(1) A reporting actuary must give the financial condition report to the firm within such time as to give the governing body of the firm reasonable opportunity to—
(a) consider and use the financial condition report in preparing the firm's annual returns; and
(b) give the financial condition report to the Regulatory Authority in accordance with subrule (2).
(2) A financial condition report for a firm must be given to the Regulatory Authority within 3 months after the day the relevant financial year of the firm ends.
Amended by QFCRA RM 2019-1 (as from 28th March 2019).