Initial Capital Requirement
Past version: Effective from 01 Jul 2007 to 31 Dec 2010
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Initial capital requirements, as defined in Rule CA-1.2.7, are:
a) For Category 1 investment firms , BD 1,000,000;
b) For Category 2 investment firms , BD 1,000,000 if undertaking the activity of safeguarding financial instruments (i.e. custodian), BD 250,000 in all other cases; and
c) For Category 3 investment firms , BD 125,000.
Amended: July 2007