Legal Basis
HC-A.1.10
This Module contains the CBB's Directive (as amended from time to time) relating to high-level controls and is issued under the powers available to the CBB under Article 38 of the CBB Law. The Directive in this Module is applicable to
administrator licensees (including theirapproved persons ).May 2011HC-A.1.11
For an explanation of the CBB's rule-making powers and different regulatory instruments, see Section UG-1.1.
May 2011