(1) An authorised reinsurance undertaking established in the State shall -
(a) establish and maintain a register showing the assets representing the undertaking's technical and equalisation reserves (including mathematical reserves) required by these Regulations in respect of reinsurance business carried on by it, whether in the State or elsewhere, and
(b) provide the Bank with a certificate certifying the value of those assets as at the date on which the undertaking is required to lodge its financial statements with the Bank.
The value of those assets is to be that contained in the undertaking's financial statement for the relevant financial year.
(2) The undertaking shall -
(a) keep the register at its head office in the State, and
(b) ensure that the register contains current details of the assets that represent reserves for reinsurance business that the undertaking has carried on, whether in the State or elsewhere, and
(c) make the register available during normal office hours of t
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