• Assessment of Application

    • CRA-1.7.8K

      The CBB shall review and assess the application for approved person status to ensure that it satisfies all the conditions required in Paragraph CRA-1.7.8 and the criteria outlined in Paragraph CRA-1.7.8B.

      Added: April 2023

    • CRA-1.7.8L

      For purposes of Paragraph CRA-1.7.8I, licensees should give the CBB a reasonable amount of notice in order for an application to be reviewed. The CBB shall respond within 15 business days from the date of meeting all required conditions and regulatory requirements, including but not limited to, receiving the application complete with all the required information and documents, as well as verifying references.

      Added: April 2023

    • CRA-1.7.8M

      The CBB reserves the right to refuse an application for approved person status if it does not satisfy the conditions provided for in Paragraph CRA-1.7.8 and the criteria outlined in Paragraph CRA-1.7.8B. A notice of such refusal is issued to the licensee concerned, setting out the basis for the decision.

      Added: April 2023