CA-1.1.9
(a) Provide to the CBB, within one week of the non-compliance, a written action plan setting out how the licensee proposes to restore its gearing ratio to the required minimum level and describe the systems and controls that have been put in place to prevent any future non-compliance of the minimum gearing ratio ; and
(b) Report to the CBB on a monthly basis or on another timely basis as required by the CBB, the licensee's gearing ratio until such time as the gearing ratio has reached 22% or other target level as specified by the CBB.
January 2013