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  • R R

    • ROAA

      Return on Average Assets.

      Added: January 2014

    • ROAE

      Return on Average Equity.

      Added: January 2014

    • Registrar

      A person licensed under Volume 5 of the CBB Rulebook to undertake regulated administration services as defined in Paragraph AU-1.1.12.

      Added: January 2011

    • Regulated administration services

      Any of the regulated activities permitted to be undertaken by a fund administrator or registrar outlined in Module AU_Administrators Paragraphs AU-1.1.11 and AU-1.1.12.

      Added: January 2011

    • Regulated ancillary services

      Refer to any of the following categories:

      (a) Permitted services undertaken by third party administrators (TPA);
      (b) Card Processing;
      (c) Services undertaken by Credit reference bureau;
      (d) Permitted payment services provided by payment service provider (PSP);
      (e) Shari'a advisory/review services;
      (ee) Permitted activities of a crowdfunding platform operator;
      (f) Providing account information services;
      (g) Providing payment initiation services; and
      (h) Any other ancillary services that are related to the financial services industry.
      Amended: October 2019
      Added: January 2013

    • Regulated financing company service(s)

      Any of the regulated activities permitted to be undertaken by a financing company licensee outlined in Module AU_Financing Companies Paragraph AU-1.3.1.

      Added: January 2013

    • Regulated insurance services

      Any of the regulated activities permitted to be undertaken by an insurance licensee as outlined in Section AU-1.4 for Volume 3 (Insurance) of the CBB Rulebook.

      Added: January 2013

    • Regulated investment services

      Any of the following, as further defined in Volume 4 (Investment Business) Section AU-1.4:

      (a) Dealing in financial instruments as principal;
      (b) Dealing in financial instruments as agent;
      (c) Arranging deals in financial instruments;
      (d) Managing financial instruments;
      (e) Safeguarding financial instruments (i.e. custodian);
      (f) Advising on financial instruments; and
      (g) Operating a collective investment undertaking (i.e. an operator).
      Added: April 2012

    • Regulated (Islamic) banking services

      Any of the regulated activities permitted to be undertaken by a conventional bank or Islamic bank licensee as outlined in Paragraph LR-1.3.1 for Volumes 1 and 2 of the CBB Rulebook.

      Added: January 2011

    • Regulated microfinance service

      Any of the regulated activities to be undertaken by a microfinance institution licensee as outlined in Module AU_Microfinance Institutions Paragraph AU-1.2.1.

      Added: January 2014

    • Regulated money changer services

      Any of the regulated activities permitted to be undertaken by a money changer licensee as outlined in Module AU_Money Changers Paragraph AU-1.1.8.

    • Regulated representative office services

      Any of the regulated activities permitted to be undertaken by a representative office licensee as outlined in Module AU_Representative Offices Paragraph AU-1.3.1.

      Added: December 2010

    • Regulated services

      Means those financial services regulated by the CBB and more particularly defined in Regulation No 1 of 2007.

      Added: January 2011

    • Regulated specialised activities

      Any of regulated activities permitted to be undertaken by specialised licensed as outlined in their specific Module AU.

    • Relevant Authorities

      For the purposes of Module FC, relevant authority refers to the authorities listed in Rule FC-5.3.2.

      Amended: October 2014

    • Relevant Operating Expenses

      For the purposes of calculating a licensee's annual CBB license fee, relevant operating expenses are defined as the total operating expenses of the licensee concerned, as recorded in the most recent audited financial statements available, excluding the following items:

      (a) Training costs;
      (b) Charitable donations;
      (c) CBB fees paid; and
      (d) Non-executive Directors' remuneration.

    • Remuneration

      Means all types of compensation including but not limited to salary, fee and non-cash benefits such as grants of stock, stock options or pension benefits.

      Added: January 2011

    • Representative office or Representative office licensee(s)

      A person who has been granted a licence by the CBB to undertake regulated representative office services as defined in Section AU-1.3.

      Amended: December 2010

    • Representative office manager or "Rep Manager"

      A person who is responsible for the conduct of a representative office.

      Amended: January 2011
      Added: December 2010

    • Reputational risk

      Reputational risk is the potential that negative publicity regarding an institution's business practices, whether true or not, will cause a decline in the customer base, costly litigation, or revenue reductions.

      Added: April 2012

    • Retail bank

      A bank licensed in accordance with Volumes 1 or 2 of the CBB Rulebook.