C4-1.2.16
Category 4 investment firms wishing to vary the scope of their license must obtain the CBB’s written approval, before effecting any such change. Such changes include whenever a licensee wishes to add or cease undertaking a regulated service, or to vary a condition imposed on their license. Licensees requesting CBB approval to undertake a new regulated service must provide the following:
(a) A summary of the rationale for undertaking the proposed new service;
(b) A description of how the new service will be managed and controlled; and
(c) An analysis of the financial impact of the new service.
Added: January 2022
