CRA-10.3.7

Past version: Effective from 01 Apr 2019 to 31 Mar 2023
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As specified in Article 57(a) of the CBB Law, a licensee must seek CBB approval before making any modification to its authorised or issued capital. In the case that a licensee has been granted approval to increase its paid-up capital, confirmation from the external auditor stating that the amount has been deposited in the licensee's bank account or otherwise reflected in the licensee's accounts will subsequently be required.

Added: April 2019