CA-4.1 CA-4.1 General Requirements
CA-4.1.1
In assessing the financial ability of a
Category 1 investment firm licensee tounderwrite transactions, the CBB will consider, amongst other factors, thelicensee's capital adequacy, its capacity to undertake the activity, and its track record in complying with applicable regulatory requirements. Anyunderwriting activities require the prior approval of the CBB's Capital Market Supervision Directorate and are subject to Module OFS (Offering of Securities) of Volume 6 of the CBB Rulebook.Added: October 2014