Additional Conditions
AU-2.8.4
Licensees must comply with any other specific requirements or restrictions imposed by the CBB on the scope of their license.January 2013AU-2.8.5
Licensees are subject to the provisions of the CBB Law. These include the right of the CBB to impose such terms and conditions, as it may deem necessary when issuing a license, as specified in Article 45 of the CBB Law. Thus, when granting a license, the CBB specifies theregulated financing company services that thelicensee may undertake.Licensees must respect the scope of their license.January 2013AU-2.8.6
In addition, the CBB may impose additional restrictions or requirements, beyond those already specified in Volume 5, to address specific risks. For instance, a license may be granted subject to strict limitations on intra-group transactions.
January 2013