CRA-4.11.6

The CBB may, at its discretion, allow the compliance officer of a licensee to also act as the licensee's Money Laundering Reporting Officer, provided the licensee is able to demonstrate to the satisfaction of the CBB, that the nature, scale and complexity of the business is such that both the functions can be carried out effectively by the compliance officer without compromising on supervisory objectives.

Amended: April 2023
Added: April 2019