Minimum owned fund requirements classify finance companies by core, non-core, and treasury activities with conditional regulatory exemptions. Minimum owned fund requirements classify finance companies by non-core, core, and Global or Regional Corporate Treasury Centre activities. Non-core-only ... Summary
Minimum owned fund requirements classify finance companies by core, non-core, and treasury activities with conditional regulatory exemptions.
Minimum owned fund requirements classify finance companies by non-core, core, and Global or Regional Corporate Treasury Centre activities. Non-core-only entities must meet the higher applicable threshold and may receive exemptions subject to a Board-approved prudential policy and fit and proper criteria. Entities undertaking core activities must maintain the higher applicable capital threshold without exemptions. Global or Regional Corporate Treasury Centres must meet the higher applicable threshold and may receive a conditional exemption subject to prudential policy and fit and proper compliance.
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