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Article (9)

IA-BOD-RES 9/2017 Effective from 23/3/2017
  1. The Actuary shall immediately inform the Authority of any change in the content of documents and data based on which the license was granted, with a maximum period of ten days. The Authority shall determine whether such change is in conformity with the provisions of these Regulations.
     
  2. The corporate Actuary must inform the Authority if the position of the manager in charge therein becomes vacant, and must fill the vacant position within three months from the date the position becomes vacant. The same applies to any other position becoming vacant if such positions involves persons performing actuarial functions according to the number of Companies contracted with.