Back Custom print Link Text Only Rich Text Print

  • Legal, Professional, Administrative or other Proceedings Against a Fund Administration Licensee

    • BR-2.2.4

      A licensee must notify the CBB immediately of any legal, professional or administrative or other proceedings instituted against the licensee, controller or a close link including a parent undertaking of the licensee that is known to the licensee and is significant in relation to the licensee's financial resources or its reputation.

      May 2011

    • BR-2.2.5

      A licensee must notify the CBB of the bringing of a prosecution for, or conviction of, any offence under any relevant law against the licensee that would prevent the licensee from meeting the Principles of Business (Module PB) or any of its Directors, officers or approved persons from meeting the fit and proper requirements of Module AU.

      May 2011