Investment Business (Prudential Standards) (Standard Licences, Test Licences, and Class A RP) (C, NA and L) Rules 2022
Download PDF| Year | 2022 |
|---|---|
| Category | Consolidated |
| Last Updated | 2026-02-19 16:15:51 |
|---|---|
| File Size | 57.2 KB |
| Source | bermudalaws.bm |
Table of Contents
- 1. Citation
- 2. Interpretation
- 3. Minimum net assets to be maintained
- 4. Requirement to maintain increased minimum net assets
- 5. Procedure for determining if minimum net asset requirement is not appropriate
- 6. Requirement to maintain fluctuating market risk-based minimum capital
- 7. Minimum liquid asset requirement
- 8. Capital and liquidity requirements: Class A registered persons
- 9. Notifying the Authority
- 10. Commencement
- 1. These Rules may be cited as the Investment Business (Prudential Standards)
- 2. In these Rules, “the Act” means the Investment Business Act 2003.
- 3. (1) This rule, and rules 4, 5, 6 and 7, applies to an investment provider who has
No cases currently cite this legislation.