Regulatory Alerts2013-07-21
Change in Due Date and Payment for CBB Annual Fees for CIUs and PIUs
The CBB amends the due date for CIU and PIU annual fees from January 2nd to January 15th. Effective for the 2014 financial year and thereafter, this adjustment accommodates public holidays, aligns accounting expense recognition with the current year, and provides operators with a two-week compliance window. Industry feedback confirms the revision, mandating that the BD2,000 fee be settled by the 15th January of each relevant year.
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