CRA-14.6.23

Past version: Effective from 01 Apr 2019 to 31 Mar 2023
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Payment of a financial penalty does not by itself absolve a licensee or persons referred to in Paragraph (b) of Article (68 bis 1) of the CBB Law from remedying the compliance failure concerned. The CBB will expect the licensee or persons referred to in Paragraph (b) of Article (68 bis 1) of the CBB Law to address the contravention within a reasonable timescale, to be agreed on a case-by-case basis. Failure to do so will result in other measures being considered.

Added: April 2019