... or technical representatives, helping them internalize the principles so they can apply them to the decisions they will be making. • Design and implement governance controls and procedures which are based on and tied to particular general principles of good conduct. When implementing the control...

... the scenarios chosen (including the number and design of scenarios). VI. Sign-off of SST VI.1 Similar to AGN7, the Appointed Actuary should provide the opinion on the SST, including assumptions, proxy approach taken and results. This does not affect the Board’s ultimate responsibility on the ORSA...

... designing refundable insurance policies, authorized insurers are reminded to comply with the relevant requirements under GL16 which require them to undertake a diligent review during the product design stage to ensure that each of their products shall meet the “fair treatment of customers” principle...

... the scenarios chosen (including the number and design of scenarios). VI. Sign-off of SST VI.1 Similar to AGN7, the Appointed Actuary should provide the opinion on the SST, including assumptions, proxy approach taken and results. This does not affect the Board’s ultimate responsibility on the ORSA...

... designing refundable insurance policies, authorized insurers are reminded to comply with the relevant requirements under GL16 which require them to undertake a diligent review during the product design stage to ensure that each of their products shall meet the “fair treatment of customers” principle...

... professional scepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a...

... professional scepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a...

... professional scepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a...

... professional scepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a...

... out the diligent review in the product design stage, as required under Paragraphs 5.1 and 5.2 of GL16. 8 For example, an insurer may screen the bank statements submitted by the customer (generally used to verify the bank balance and income level of the customer) for any bank overdraft or an...