• CA-1.5 CA-1.5 Additional Requirements

    • CA-1.5.1

      A licensee's liabilities should not exceed threefold its capital and reserves.

      October 2010

    • CA-1.5.2

      A licensee's liquid assets must be held in a form acceptable to the CBB, in a minimum amount of three months estimated expenditures including salaries, rent, general utilities and other operating costs.

      October 2010

    • CA-1.5.3

      Liquid assets comprise of cash, cash equivalents, and placements or deposits maturing within 30 days.

      October 2010