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  • GR-2 GR-2 Corporate and Trade Names

    • GR-2.1 GR-2.1 Vetting of Names

      • GR-2.1.1

        Insurance licensees must obtain CBB’s prior written approval for any change in their legal name. Licensees must notify the CBB of any change in their corporate name at least one week prior to effecting the proposed change.

        Amended: January 2022
        Amended: January 2007

      • GR-2.1.2

        GR-2.1.1 applies to overseas insurance licensees only with respect to their Bahrain branch.

        Amended: January 2007

      • GR-2.1.3

        In approving a change in a legal name, the CBB seeks to ensure that it is sufficiently distinct as to reduce possible confusion with other unconnected businesses, particularly those operating in the financial services sector. The CBB also seeks to ensure that names used by unregulated subsidiaries do not suggest those subsidiaries are in fact regulated.

        Amended: January 2022
        Amended: January 2007

    • GR-2.2 GR-2.2 Publication of Documents by the Licensee

      • GR-2.2.1

        Any written communication, including stationery, business cards or other business documentation published by the licensee, or used by its employees (agents, representatives, financial advisers or introducers) must include a statement that the licensee is regulated by the Central Bank of Bahrain, the type and category of license and the legal status. Additionally, written communication (stationery) should state the authorised and paid up capital of the licensee. All licensees should comply with this requirement by 31st December 2014 at the latest.

        Added: October 2014