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  • CP-A.3 CP-A.3 Module History

    • CP-A.3.1

      This Module was first issued in July 2004 by the BMA and updated in October 2007 to reflect the transfers of responsibilities to the CBB. Following the issuance of the Resolution No.(34) in respect of protecting Deposits and Unrestricted Investment Accounts in December 2010, the Module was amended in October 2012 to be in line with the new Regulation and to include previous requirements that were in place in the originally issued Module CP. Any material changes that have subsequently been made to this Module are annotated with the calendar quarter date in which the change was made: Chapter UG-3 provides further details on Rulebook maintenance and version control.

      October 2012

    • CP-A.3.2 CP-A.3.2

      The most recent changes made to this Module are detailed in the table below:

      October 2012

      • Summary of Changes

        Module Ref. Change Date Description of Changes
        CP-A to CP-2 10/2012 Amendments due to the introduction of Resolution No.(34) of 2010.
        CP-2.3 04/2014 Added requirement for eligible accounts report for the deposits/unrestricted investment accounts protection scheme.
        CP-2.1.4 10/2014 Corrected sentence structure.
             
             

    • Evolution of the Module

      • CP-A.3.3

        Prior to the development of the Rulebook, the CBB had issued various circulars representing regulations covering the operations and establishment of the Deposit Protection Scheme and the Deposit Protection Board. These circulars have now been consolidated into the Compensation Module. These circulars and their evolution into this Module are listed below:

        Circular Ref. Date of Issue Module Ref. Circular Subject
        OG/423/93 28 Nov 1993 CP-1–CP-2 Deposit Protection Scheme (the "Scheme")
        OG/425/94 21 Dec 1994 CP-2.4 Deposit Protection
               
        October 2012

    • Effective Date

      • CP-A.3.4

        The contents of this Module were effective from their date of issuance.

        October 2012

      • CP-A.3.5

        Capitalised terms used in this Module shall, save as the context requires otherwise, have the meanings ascribed to them in the Regulation.

        October 2012

      • CP-A.3.6

        In the event of an inconsistency between the rules of this Module and the rules of the Regulation, the rules of the Regulation shall prevail.

        October 2012