AU-5.1.5A

Past version: Effective from 01 Jan 2008 to 30 Jun 2010
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The CBB may require that an acceptably worded letter of comfort or a letter of guarantee be provided in support of the application for a license. Where the application for the license is for an incorporated entity, the CBB may seek a letter of comfort or letter of guarantee from the major shareholder. Where the application is for an overseas investment firm licensee, the CBB may seek a letter of comfort or letter of guarantee from the parent company.

Added: January 2008