BR-2.3.16

Custom print

Location:

Versions

Past version: Effective from 01 Jul 2007 to 30 Sep 2009
To view other versions open the versions tab on the right

An investment firm licensee must seek prior approval from the CBB for the following:

(a) Outsourcing of their internal audit function (ref. HC-2.3.3 and RM-7.4) and other material functions (RM-7.1);

(b) Appointment or re-appointment of external auditors (ref. AU-2.7.1 and AA-1.1.1);

(c) Appointment of persons undertaking a controlled function in an investment firm licensee (ref. AU-1.2.3);

(d) Any material changes or proposed changes to the information provided to the CBB in support of an authorisation application that occurs after authorisation has been granted; and

(e) Investment firm licensees must, in particular, seek prior CBB approval before undertaking new activities (ref. AU-5.4.1).

Adopted: July 2007