CTHRepealedLegislation
Life Insurance (prudential standard) determination No. 3 of 2010 - Prudential Standard LPS 510 - Governance
Board performance assessmentBoard performance assessment
Start here
Get a plain-English read of Board performance assessment
Turn the raw legal text into a practical explanation grounded in Life Insurance (prudential standard) determination No. 3 of 2010 - Prudential Standard LPS 510 - Governance.
Board performance assessment
- The Board of a regulated institution must have procedures for assessing, at least annually, the Board’s performance relative to its objectives. It must also have in place a procedure for assessing, at least annually, the performance of individual directors.