Australia General Insurance Code of Practice (2020 Code as updated) gicop-p13-179-182-compliance-governance-reporting: Report to the board or executive on Code compliance, maintain systems that let the Committee monitor compliance, lodge an annual compliance report, report significant breaches within ten business days, and cooperate with Committee reviews and investigations

The insurer has a governance process to report to its Board or executive management on compliance with the Code; has appropriate systems and processes to enable the Committee to monitor its compliance and prepares an annual compliance report to the Committee; reports any Significant Breach of the Code to the Committee within 10 Business Days of identifying it; and cooperates with the Committee in its reviews of compliance and investigations of breaches.