SIO-14.9.5
When the CBB issues a notice of cancellation or amendment as an enforcement tool, it will only implement the actual change once it is satisfied that there are no longer any regulated activities for which it is necessary to keep the current authorisation in force. Until such time as these activities have been run off or moved to another stablecoin issuer, the CBB will control these activities through other means (such as taking the stablecoin issuer into administration or through issuing Directions).
Added: July 2025