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Past version: effective from Jul 1 2007 - Sep 30 2015.
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Within 3 months of receipt of an approval request under Paragraph GR-5.1.1, the CBB will issue a written notice of approval (or of refusal, if it is not satisfied that the person concerned is suitable to become a controllerG of the investment firm licenseeG ). The notice of refusal will specify the reasons for the objection and specify the applicant's right of appeal. Where an approval notice is given, it will specify the period for which it is valid and any conditions that may be applied.

Amended: July 2007
(3 Versions)
Up to Jun 30 2007Jul 1 2007 - Sep 30 2015Oct 1 2015 onwards
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