1 “... to provide certification for adequacy of technical provisions by an actuary as is currently required for life...”

2 “... and notifications of exceptions, which are supplemented by biannual full-scope on-site examinations....”

3 “... development of risk-based supervision. Notifications and examination manuals increasingly focus on analysis...”

4 “... and central bank certificate settlements, and the National Securities Depository (NSD) that settles private...”