PCD-A.2.13

A "qualifying holding" is defined (see Section CM-4.4 for associated terms) as any investment in the capital instruments of another entity by a locally incorporated bank which is equivalent to or more than 10% of the locally incorporated bank's capital base (as reported in the most recent PIR submitted to the CBB.

Amended: April 2014
Amended: January 2014
Amended: October 2012
Adopted: January 2011