Upon completion of the period specified in Paragraph C4-1.2.19, category 4 investment firms must request the CBB’s final approval on the cessation and provide the proposed cut-off date. Licensees must also confirm in their request that either no objections to the cessation were received and/or any objections received have been adequately dealt with. The CBB will then grant the final approval to proceed with liquidation.
Added: January 2022