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  • UG-2.1 UG-2.1 Rulebook Structure

    • Rulebook Volumes

      • UG-2.1.1

        The Rulebook is divided into 7 Volumes, covering different areas of financial services activity, as follows:

        Volume 1 Conventional Banks
        Volume 2 Islamic Banks
        Volume 3 Insurance
        Volume 4 Investment Business
        Volume 5 Specialised Licensees
        Volume 6 Capital Markets
        Volume 7 Collective Investment Undertakings
        Amended: October 2012
        October 2010

      • UG-2.1.2

        Volume 5 (Specialised Licensees), covers money changers; financing companies; representative offices; administrators; trust service providers, micro-finance institutions and ancillary services providers.

        Amended: October 2012
        Amended: January 2011
        October 2010

    • Rulebook Contents (Overview)

      • UG-2.1.3

        The material in Volume 5 is divided into common modules and specific modules. It is further organised by the type of the specialised licensee concerned, as outlined in the chart in UG-2.1.5 below. The contents of the common modules apply to all specialised licensees, while the content of the specific modules apply to one specific type of licensee (e.g. Capital Adequacy Module for Money Changers).

        October 2010

      • UG-2.1.4

        Each Volume has its own appendix Volume containing relevant reporting and authorisation forms; a glossary; and any supplementary information. In all cases, the main Volume is called 'Part A' and the appendix Volume is called 'Part B'.

        October 2010

      • UG-2.1.5:

        Volume 5 Structure
        Common Modules (Applicable to all Specialised Licensees)
        User's Guide Module (UG)
        Financial Crime Module (FC)
        Auditors and Accounting Standards Module (AA)
        Enforcement Module (EN)
        Principles of Business Module (PB)
        Specific Modules (By Type of Licensee)
        Type 1: Money Changers Licensees Type 2: Representative Office Licensees Type 3: Financing Companies Type 4: Fund Administrators Type 5: Trust Service Providers Type 6: Micro-Finance Institutions Type 7: Ancillary Services Providers
        Authorisation Module (AU) Authorisation Module (AU) Authorisation Module (AU) Authorisation Module (AU) To be developed
        Business Conduct Module (BC)   Business Conduct Module (BC)  
        CBB Reporting Requirements Module (BR)   CBB Reporting Requirements Module (BR) CBB Reporting Requirements Module (BR)
        Capital Adequacy Module (CA)   Capital Adequacy Module (CA) Capital Adequacy Module (CA)
        General Requirements Module (GR) General Requirements Module (GR) General Requirements Module (GR) General Requirements Module (GR)
        High-level Control Module (HC)   High-level Control Module (HC) High-level Control Module (HC)
        Risk Management Module (RM)   Risk Management Module (RM)  
        Training and Competency Module (TC)   Training and Competency Module  
            Liquidity Risk Management Module (LM)  
        Amended: October 2012
        October 2010