Regulation 12

The appointed actuary or certifying actuary, as the case may be, of a licensed insurer shall, at the end of each accounting period of the insurer, notify the insurer of every engagement he has accepted (whether for consideration or otherwise) to carry out any duty or function that is equivalent to any duty or function of an appointed actuary or a certifying actuary described in the Act or these Regulations for any other insurer carrying on insurance business in Singapore or elsewhere, being an engagement which remains outstanding as at the end of that accounting period.

The licensed insurer shall furnish to the Authority the information it received under paragraph (1) in such form and within such period as the Authority may specify by written directions to the insurer.