after becoming a member of a Federal Home Loan Bank, a captive insurance company shall submit a report, prepared by a third-party auditor, to the Director containing information on compliance by the parent company with the requirements described under subparagraph (A). (ii) Parent company requirements A parent company of a captive insurance company that is a member of a Federal Home Loan Bank shall— (I) maintain the mission alignment standards described under subparagraph (A)(i)