Capital Requirements
CA-1.2.2
For those
licensees whoseregulated administration services are those outlined forfund administrators in Paragraph AU-1.1.11, the minimum paid up capital is BD 40,000.May 2011CA-1.2.3
For those
licensees whoseregulated administration services are those outlined forregistrars in Paragraph AU-1.1.12, the minimum paid up capital is BD 20,000.May 2011CA-1.2.4
A
licensee's liabilities should not exceed threefold the total of:(a) Paid up capital;(b) Statutory reserve;(c) General reserves; and(d) Retained Earnings.May 2011