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GR-3.1.2

Past version: effective from Oct 1 2007 - Sep 30 2011.
To view other versions open the versions tab on the right.

The CBB will grant a no-objection letter where it is satisfied that the level of dividend proposed is unlikely to leave the licensee vulnerable – for the foreseeable future – to breaching the CBB's capital requirements, taking into account (as appropriate) trends in the licensee's business volumes, expenses, overall performance and the adequacy of provisions against impaired loans or other assets.

October 07
 Versions
(2 Versions)
 
Oct 1 2007 - Sep 30 2011Oct 1 2011 onwards
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