CM-4.4.1.E
Past version: Effective from 01 Jan 2011 to 31 Dec 2011
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A "
(a) Any investment in the capital instruments of another entity by a locally incorporated bank which is equivalent to or more than 10% of the locally incorporated bank 's capital base (as reported in the most recent PIR submitted to the CBB;) or
(b) Any investment by a locally incorporated bank of 20% or more of the capital instruments of the concerned entity. (Rules and guidance relating to "qualifying holdings " are contained in CM-4.9).
Added: January 2011