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  • Avoidance of Conflicts of Interest

    • HC-10.2.5

      Each approved person should make every practicable effort to arrange his personal and business affairs to avoid a conflict of interest with the insurance consultants, insurance managers, insurance aggregators or captive insurance firms.

      Amended: October 2019
      January 2011

    • HC-10.2.5A

      Bahraini insurance consultants, Bahraini insurance managers or Bahraini captive insurance firms should have in place a board approved policy on the employment of relatives of approved persons and a summary of such policy must be disclosed in the annual report of the insurance consultant, insurance manager, insurance aggregators or captive insurance firm.

      Amended: October 2019
      Amended: July 2016
      April 2016

    • HC-10.2.5B

      Overseas insurance managers or overseas captive insurance firms should have in place a policy on the employment of relatives of approved persons pertaining to their Bahrain operations.

      Added: July 2016