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  • CRA-11.3 CRA-11.3 Accuracy of Information

    • CRA-11.3.1

      A licensee must ensure that all information it provides to the CBB is:

      (a) Factually accurate or, in the case of estimates and judgements, fairly and properly based on appropriate analysis and enquiries have been made by the licensee; and
      (b) Complete, in that it should include everything which the CBB would reasonably and ordinarily expect to have or require.
      Amended: April 2023
      Added: April 2019

    • CRA-11.3.2

      If a licensee becomes aware, or has information that reasonably suggests that it has or may have provided the CBB with information that was or may have been false, misleading, incomplete or inaccurate, or has or may have changed in a material way, it must notify the CBB immediately. The notification must include:

      (a) Details of the information which is or may be false, misleading, incomplete or inaccurate, or has or may have changed;
      (b) An explanation why such information was or may have been provided in false, misleading, incomplete or inaccurate manner; and
      (c) The correct information.
      Amended: April 2023
      Added: April 2019

    • CRA-11.3.3

      If the information in Paragraph CRA-11.3.2 cannot be submitted with the notification (because it is not immediately available), it must instead be submitted as soon as possible afterwards.

      Added: April 2019