Approved Persons are individuals holding certain specified positions in CBB licensees;
they must be approved by the CBB prior to taking on those positions and must
demonstrate that they are fit and proper. The list of positions subject to the CBB's
Approved Persons regime vary according to the CBB license Category, but generally
cover directors and senior management, as well as certain other positions. Approved
Persons requirements are specified in the relevant Rulebook Volume for the license
Category in question.
Amended: July 2007