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Article (15): Regulatory Capital Supplementary Requirements (for all Licensed Payment Token Service Providers)

2/2024 Issued on 14/6/2024
1.The Central Bank may impose aggregate regulatory capital requirements higher than that provided for in Article (13) and Article (14) if, taking into consideration the scale and complexity of the Licensee’s business, it considers such higher requirements essential to ensuring that the Licensee has the ability to fulfil its obligations under this Regulation.
2.An Applicant shall provide information to the Central Bank on the source(s) of funds that constitute the regulatory capital held under Article (13) or Article (14).