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  • CA-1.2 CA-1.2 Liquidity Requirements

    • CA-1.2.1

      A licensee's net liquid assets must be held in a form acceptable to the CBB, in a minimum amount of three months estimated expenditures including salaries, rent, general utilities and other operating costs.

      January 2014

    • CA-1.2.2

      For purposes of Paragraph CA-1.2.1, net liquid assets comprise of unencumbered cash, cash equivalents, treasury bills, and placements and balances with banks maturing within 30 days less any liabilities due within 30 days.

      January 2014