Representative office
A person who is licensed by the CBB to undertake only representative office functions:
(i) Gather financial, economic and commercial information;
(ii) Carry out general promotional activities; and/or
(iii) Provide general assistance of a non specific nature to resident and non resident clients of the overseas entity/group the office is representing.
Such persons are not subject to Volume 4 of the CBB Rulebook, but are separately licensed and subject to the requirements contained in the relevant CBB's 'Standard Conditions and Licensing Criteria' (cf. AU-A.1.12).
Amended: July 2007