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Article (2): Requirement to Maintain a Minimum Level of Capital

C 12/2021 Effective from 14/3/2021
  1. 2.1 Banks must at all times maintain a minimum level of paid up capital. The level of this requirement is set in article 3 of this Regulation.
     
  2. 2.2 This minimum level of paid-up capital must be held on an ongoing basis and is a prerequisite for licensing.