‹ CM-4.5.2 CM-4.5.4 › CM-4.5.3 Branches of foreign bank licensees must satisfy the CBB that equivalent arrangements are in place at the parent entity level, otherwise a policy would be required in line with Paragraph CM-4.5.1. Added: July 2017 ‹ CM-4.5.2 CM-4.5.4 ›