CRA-2.5.2

Past version: Effective from 01 Apr 2019 to 31 Mar 2023
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Overseas applicants are required to provide written confirmation from their head office in the form of an undertaking that the head office will provide financial support to the branch sufficient to enable it to meet its obligations as and when they fall due. Overseas applicants must also demonstrate that the company as a whole is adequately resourced for the amount of risks undertaken.

Added: April 2019