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  • CRA-10.1 CRA-10.1 Reporting Requirements

    • Reports Prepared by a Licensee

      • CRA-10.1.1

        [This Paragraph was deleted in April 2023].

        Deleted: April 2023
        Added: April 2019

      • CRA-10.1.2

        Licensees must submit a Professional Indemnity Insurance Return (Form PIIR) on an annual basis (ref. CRA-4.8.1). Additionally, they must provide, upon request, evidence to the CBB of the coverage in force.

        Added: April 2019

      • CRA-10.1.3

        Licensees must submit quarterly to the Consumer Protection Unit at the CBB a report summarising the outcome of their complaint handling procedures in accordance with the requirements of Paragraph CRA-4.7.12.

        Amended: April 2023
        Added: April 2019

      • CRA-10.1.3A

        Licensees must submit on an annual basis, no later than 2 months from the end of the reporting period, a report on their liquidity partners which must include the liquidity partners’ names, information on the total value and volume transacted for each type of crypto-asset, and the percentage of all client orders executed through the use of each liquidity partner.

        Added: April 2023

      • CRA-10.1.3B

        Licensees must submit on a quarterly basis, the following information within 10 business days from the end of the reporting period:

        (a) A list of top 100 clients based on the total value traded during each month of the quarter. This report must include the following information:
        (i) Client ID;
        (ii) Place of residency;
        (iii) Crypto-asset type;
        (iv) Type of transaction (Buy or Sell);
        (v) Volume of transaction; and
        (vi) Value of transactions in USD;
        (b) Particulars of any unexpected or unusual volatility, volumes and activity.
        Added: April 2023

    • Annual License Fee

      • CRA-10.1.4

        Licensees must complete and submit the Direct Debit Authorisation Form by 15th September and Form ALF (Annual License Fee) no later than 15th October to the CBB (ref. CRA-1.6.8 and CRA-1.6.9).

        Added: April 2019

    • Institutional Information System (IIS)

      • CRA-10.1.5

        Licensees are required to complete online non-financial information related to their institution by accessing the CBB's institutional information system (IIS). Licensees must update the required information at least on a quarterly basis or when a significant change occurs in the non-financial information included in the IIS. If no information has changed during the quarter, the licensee must still access the IIS quarterly and confirm the information contained in the IIS. Licensees must ensure that they access the IIS within 20 calendar days from the end of the related quarter and either confirm or update the information contained in the IIS.

        Added: April 2019

      • CRA-10.1.6

        [This Paragraph was deleted in April 2023].

        Deleted: April 2023
        Added: April 2019

    • Reports Prepared by External Auditors

      • CRA-10.1.7

        Licensees that hold or control client assets must arrange for their external auditor to perform an audit of client assets every 6 months on the licensees’ compliance with the requirements related to the holding and segregation of the client’s assets requirements. The report must be submitted to the CBB by 30th September for the 30th June report and 31st March for the 31st December report. The format of the Auditor’s Report (Agreed Upon Procedure) is included in Part B of the Rulebook, as part of the supplementary information.

        Amended: April 2023
        Added: April 2019

    • Onsite Inspection Reporting

      • CRA-10.1.8

        For the purpose of onsite inspection by the CBB, licensees must submit requested documents and completed questionnaires to the Inspection Directorate at the CBB three working days ahead of inspection team entry date.

        Added: April 2019

      • CRA-10.1.9

        Licensees must review the contents of the draft Inspection Report and submit to the Inspection Directorate at the CBB a written assessment of the observations/issues raised within fifteen working days of receipt of such report. Evidentiary documents supporting management's comments must also be included in the response package.

        Amended: January 2022
        Added: April 2019

      • CRA-10.1.10

        Licensees' board are required to review the contents of the Inspection Report and submit within one month, of the report issue date, a final response to such report along with an action plan addressing the issues raised within the stipulated timeline.

        Added: April 2019

      • CRA-10.1.11

        [This Paragraph was deleted in April 2023].

        Deleted: April 2023
        Added: April 2019