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  • Amendment of Authorisation

    • CSD-5.3.21

      A licensed clearing house or licensed central depository must seek prior CBB approval before an approved person may move from one controlled function to another within the same licensee.

      Amended: April 2016
      Added: April 2013

    • CSD-5.3.22

      In such instances, a new application should be completed and submitted to the CBB. Note that a person may be considered 'fit and proper' for one controlled function, but not for another, if for instance the new role requires a different set of skills and experience. Where an approved person is moving to a controlled function in another licensee, the first licensee should notify the CBB of that person's departure, and the new licensee should submit a request for approval under this Section.

      Added: April 2013