Tag Archives: Central Bank: Statutory Duty Reporting

Audit of Insurance Brokers

The Statutory Duty Confirmation, prepared by the auditor, must be filed with the Central Bank within two months of the intermediary’s financial year end.   True or False? Well the answer is ‘False’. The audit of insurance brokers is a quite onerous assignment as such entities are treated as ‘large’ companies, no matter what their actual… Read More