LR-A.2.4
Past version: Effective from 01 Jul 2011 to 30 Sep 2011
To view other versions open the versions tab on the right
A list of recent changes made to this Module is provided below:
| Module Reference | Change Date | Description of Changes |
| Whole Module | 07/2006 | Whole Module reissued to reflect integrated license framework: new license categories and updated licensing conditions introduced. |
| LR-A.1.2 | 10/2007 | New Rule LR-A.1.2 introduced, categorising this Module as a Directive. |
| LR-2.8 | 10/2007 | Changes to provision of information requirements as result of CBB Law |
| LR-3 | 10/2007 | Revised requirements due to new CBB Law |
| LR-4 | 10/2007 | New Chapter LR-4 on application and license fees (incorporating material on fees, previously contained in Module GR). |
| LR-2.5.10 | 04/2008 | New 7% reserve reqt. |
| LR-1.2.16 | 04/2008 | Lower threshold of $100,000 for investment business transactions for wholesale banks |
| LR-2.5.10 | 07/2009 | Minimum daily cash reserve balance with the CBB brought back to 5% from 7%. |
| LR | 10/2010 | Various minor amendments to ensure consistency in formatting of CBB Rulebook. |
| LR-A.1.2 | 10/2010 | Revised legal basis. |
| LR-1A | 10/2010 | New Chapter on Approved Persons moved from Section HC-1.2 and from Paragraphs in Section HC-1.5. |
| LR-3.1.12A | 10/2010 | Added new paragraph, requiring capital to be injected prior to license being issued. |
| LR-3.1.15 | 10/2010 | Additional details pertaining to information required, within 6 months of a license being issued. |
| LR-3.1.15A | 10/2010 | Transition rule added to comply with new requirement under Subparagraph HC-3.1.15(j). |
| LR-4.2.13 | 10/2010 | Amendment to guidance. |
| LR | 01/2011 | Various minor amendments to ensure consistency in formatting of CBB Rulebook. |
| LR-A.1.2 | 01/2011 | Clarified legal basis. |
| LR-3.1.5 and 3.1.5A | 01/2011 | Clarified the use of letters of guarantee as part of the licensing process. |
| LR-4.2.9A | 01/2011 | Added the requirement for annual fees for SPV's to be in line with the requirements of Resolution No (1) of 2007. |
| LR-3.1.3 | 04/2011 | Clarified the appointment of a representative as part of the licensing process. |
| LR-3.1.5(l) | 04/2011 | Deleted reference to Phase 1. |
| LR-4.2.9A | 04/2011 | Clarified the payment of annual license fees for SPVs. |
| LR-2.8.1 | 07/2011 | Corrected due date of audited financial statements to be in line with Article 62 of the CBB Law and Module BR requirements. |