• 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 minimum gearing ratio of 20%.

      January 2013

    • CA-1.1.5

      For purposes of Paragraph CA-1.1.4, the gearing ratio is defined as the core capital divided by the total liabilities to be calculated on a consolidated basis.

      Amended: October 2014
      January 2013