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  • HC-A.2 HC-A.2 Module History

    • HC-A.2.1

      This Module was first issued in January 2013. Any material changes that have subsequently been made to this Module are annotated with the calendar quarter date in which the change was made: Chapter UG-3 provides further details on Rulebook maintenance and version control.

      January 2013

    • HC-A.2.2

      A list of recent changes made to this Module is provided below:

      Module Ref. Change Date Description of Changes
      HC-8.2 01/2014 Amended as a result of the issuance of Module PD.
      Appendix D 01/2014 Requirements moved to Module PD.
      HC-1.2.12,
      HC-1.2.13
      and HC-1.3.9      		 10/2014 Corrected cross reference.
      HC-1.3.11 10/2014 Corrected typo.
      HC-2.3.3 04/2016 Added a requirement for the licensee to have in place a board approved policy on the employment of relatives of approved persons.
      HC-2.4.1A 04/2016 Added the requirement to disclose to the board on annual basis relatives of any approved persons occupying controlled functions.
      HC-7.2 04/2016 Added requirements dealing with shareholders' meetings.
      HC-7.2.3A 07/2017 Amended paragraph to be in line with Article (199) of the Commercial Companies law.
      HC-1.4.12 01/2020 Added a new Paragraph on independent directors.
      HC-1.4.13 01/2020 Added a new Paragraph on termination of Board membership of a retired, terminated CEO.
      HC-2.3.2 01/2020 Amended Paragraph on policy and procedures approval.
      HC-5.4.2 04/2020 Added a new Paragraph on KPIs compliance with AML/CFT requirements.
      HC-1.8.1 07/2022 Amended Paragraph on the committees of the Board.
      HC-6.2.1 07/2022 Amended Paragraph on the appointment of senior management.

    • Superseded Requirements

      • HC-A.2.3

        This Module supersedes the following provisions contained in circulars or other regulatory requirements:

        Document Ref. Document Subject
        Volumes 1 and 2 Module HC
           
        January 2013