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CIU-2.1.7

The placement agent is required to notify the CBB if it ceases to offer any overseas domiciled PIUs. The notification must include the name of the PIU, the date on which it ceased offering the PIU to investors and a confirmation that there are no outstanding obligations to CIU participants. The notification must be provided within 10 working days from the date when all obligations to CIU participants have been discharged.

Added: October 2022