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CIU-1.2.3

All applications for authorisation will be processed within 5 working days following the submission of all required information and documents. The CBB has the right to reject an application, revoke a previous authorisation, or instruct a CIU operator to stop offering/marketing a CIU if the CBB believes it necessary in order to safeguard the interests of potential investors. The third-party certification referred to in Paragraph CIU-1.2.2 should report on the authenticity of the documentation and on compliance with Module CIU and the CBB Rulebook requirements applicable to the CIU operator and the relevant persons of the CIU. Such report may be addressed to the CBB or, alternatively, to the CIU operator’s Board of Directors.

Added: April 2022