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  • Evolution of Module

    • CSD-A.2.1

      This Module was first issued in April 2009. Any material changes that are subsequently made to this Module are annotated with the calendar quarter date in which the change is made; Chapter UG-3 provides further details on Rulebook maintenance and version control.

      Amended: April 2013

    • CSD-A.2.1A

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

      Module Ref. Change Date Description of Changes
      CSD-1.1.1A to CSD-1.1.1C 04/2013 References added to requirements under Resolution No.(16) for the year 2012.
      CSD-1.2.3 04/2013 Updated name change to Form 3.
      CSD-1.4.1 and CSD-1.4.1A 04/2013 Provided details of annual fee due to the CBB.
      CSD-3.1.9A and CSD-3.1.9B 04/2013 Added reference to report institutional information (IIS) to the CBB.
      CSD-5.3.12 04/2013 Added reference to Form 3: Application for Approved Person Status
      CSD-5.3 04/2013 Expanded the scope of this Section to include all approved persons occupying controlled functions and the various related Rules and Guidance.
      CSD-1.4 04/2014 Clarified Rules and guidance on annual license fees.
      Module CSD 04/2016 Various minor corrections to clarify language and link defined terms to the glossary.
      CSD-A.1 04/2016 Legal basis updated to reflect various Resolutions.
      CSD-3.1.1 and CSD-3.1.1A 04/2016 Added requirements dealing with shareholders' meetings.
      CSD-5.3 04/2016 Amended to be in line with Resolution No (23) of 2015 on Prior Approval Requirements for Approved Persons.
      CSD-5.3.2A 04/2016 New Paragraph added to ensure segregation of responsibilities in licensees' staffing arrangements.
      CSD-B.2 07/2016 Section deleted and moved to Glossary.
      CSD-1.2.1 07/2016 Deleted duplicate type of license.
      CSD-1.3.3, CSD-1.3.11, CSD-3.5.3 and CSD-6.4.3 07/2016 Changed from Rule to Guidance.
      CSD-1.4.1 07/2016 Deleted legal reference as already included under CSD-A.1.17.
      CSD-2.16 and CSD-2.17 07/2016 CSD-2.1.7 deleted and content moved to CSD-2.1.6 as Rule.
      CSD-2.6.11 07/2016 Corrected cross reference.
      CSD-3.1.1 07/2016 Corrected wording of Subparagraphs.
      CSD-3.1.18 07/2016 Amended requirement to be applicable to all approved persons.
      CSD-1.3.12 07/2017 Amended wording of paragraph.
      CSD-1.3.13 07/2017 Added Paragraph to clarify the cost of publication.
      CSD-1.3.14 07/2017 Added Paragraph on means of publication.
      CSD-5.3.7B 04/2018 Amended Paragraph.
      CSD-3.1.1A 10/2020 Added a new Paragraph on Provision of Financial Services on a Non-discriminatory Basis.
      CSD-3.7.7 01/2022 Amended Paragraph on submission of report by auditors with regards to verification of money and assets placed with Licensed Clearing House.