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  • Notification Requirements

    • CA-1.2.9

      Category 1 and 2 investment firms must notify the CBB if:

      (a) The ratio of Regulatory Capital to their Regulatory Capital Requirement falls below 110% (see Paragraph CA-1.1.5);
      (b) Any single probable contingency, financial commitment or large exposure exceeds 25% of their Regulatory Capital; and
      (c) Any instrument, transaction or situation does not appear to be catered for under Module CA.
      Amended: April 2011
      Amended: January 2007

    • CA-1.2.9A

      Investment firm licensees must submit to the CBB, within 30 calendar days of the event occurring, a plan demonstrating how it will:

      (a) Raise its regulatory capital to bring it to a level in excess of its regulatory capital requirement (refer to Paragraph CA-1.2.1); or
      (b) Reduce the single contingency, financial commitment or large exposure to below 25% of the regulatory capital.
      Amended: October 2012
      Added: April 2011