TMA-A.1.16


Past version: Effective from 01 Jan 2009 to 30 Sep 2019
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While the CBB may sometimes see fit to issue a directive under the TMA Module of its own volition, a directive is more often requested by an interested party. A directive by the CBB normally involves a consideration of all relevant information in relation to the application and a more thorough analysis than that permissible under a consultation. In some cases the CBB may find it necessary to convene an informal meeting or hear the views of other interested parties before making a directive. The CBB requires prompt co-operation from those to whom enquiries are directed so that decisions may be both properly informed and given as speedily as possible. Directives may initially be conveyed to parties orally but will always be confirmed in writing in time.