PINS 1.4.1 Preparation of prudential returns

(1) An insurer must prepare the annual, biannual and quarterly prudential returns that it is required to prepare by the Regulatory Authority by written notice published on an approved website.
(2) The Regulatory Authority may, by notice given to an insurer—
(a) require the insurer to prepare additional prudential returns; or
(b) exempt the insurer from the requirement to prepare annual, biannual or quarterly returns or a particular annual, biannual or quarterly return.
(3) An exemption under subrule (2) (b) may be subject to conditions, restrictions or requirements.
(4) An insurer given an exemption under subrule (2) (b) must comply with all conditions, restrictions and requirements to which the exemption is subject.
Amended by QFCRA RM/2012-5 (as from 1st July 2013).