‹ GR-5.3.1 GR-5.3.2 › GR-5.3.1A In line with Resolution No.(43) of 2011, the CBB may require, on a case-by-case basis, and at its sole discretion that at least one of the controllers is a regulated financial institution holding at least 20% of the licensee's shares. Added: April 2012 ‹ GR-5.3.1 GR-5.3.2 ›