Effective from 2022-02-09 - Feb 08 2022 To view other versions open the versions tab on the right
11.
A bank that wishes to participate in an IPO as a Receiving Bank shall apply, as a minimum, the following:
a.
Have a clear understanding of the respective role and responsibilities of the Receiving Bank and the Issuer of an IPO. This shall be clearly defined in the Receiving Bank agreement.
b.
Only undertake the role commensurate with its financial and operational capacity, and to conduct a thorough analysis in advance of the potential financial impact arising from an IPO.
