CTHRepealedLegislation
Insurance (prudential standard) determination No. 4 of 2011 - Prudential Standard GPS 311 - Audit and Actuarial Reporting and Valuation: Level 2 Insurance Groups
Meetings with Group Auditors and Group AMeetings with Group Auditors and Group Actuaries
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Meetings with Group Auditors and Group Actuaries
- APRA liaison with either the Group Auditor or a Group Actuary of a Level 2 insurance group is normally conducted under trilateral arrangements involving:
(a) APRA;
(b) the group; and
(c) the Group Auditor or Group Actuary.
- Any one of these parties may initiate a meeting or discussion when the party considers it necessary. Notwithstanding the trilateral relationship, APRA and a Group Auditor or Group Actuary may meet on a bilateral basis where either party considers this to be necessary.