Gearing Ratio
CA-1.1.4
In addition to the requirements outlined in Paragraphs CA-1.1.1 and CA-1.2.1., all
licensees must maintain a minimumgearing ratio of 20%.January 2013CA-1.1.5
For purposes of Paragraph CA-1.1.4, the gearing ratio is defined as the
core capital divided by the totalliabilities to be calculated on a consolidated basis.Amended: October 2014
January 2013