Regulatory Alerts2017-06-28 | DOF 5488351Added
Amending Circular 6/17 of the Single Insurance and Surety Circular
The National Insurance and Sureties Commission amends provisions 3.5.6, 8.23.1, 24.1.7, 38.1.3, and 38.1.8, and Annexes 22.1.2 and 38.1.3 of the Single Insurance and Surety Circular. Insurance and surety institutions must submit the actuarial function officer's report via the Corporate Governance Regulatory Report (RR-2) within 145 business days of fiscal year-end, present approved investment policies via RR-2, and publish consolidated annual financial statements in a national newspaper within 45 business days. The circular also eliminates the requirement to publish these statements in the Official Gazette and removes the submission of investment policy parameters from the Financial Statements Regulatory Report (RR-7).
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