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  • AU-2.2 AU-2.2 Condition 2: Mind and Management

    • AU-2.2.1

      Investment firm licensees with their Registered Office in the Kingdom of Bahrain must maintain their Head Office in the Kingdom. Overseas investment firm licensees must maintain a local management presence and premises in the Kingdom appropriate to the nature and scale of their activities.

    • AU-2.2.2

      In assessing the location of an investment firm licensee's Head Office, the CBB will take into account the residency of its Directors and senior management.

      Amended: January 2012
      Amended: July 2007

    • AU-2.2.3

      The CBB requires that all approved persons occupying controlled functions outlined in Paragraph AU-1.2.2, except for Subparagraph (a) director, be resident in Bahrain.

      Amended: January 2021
      Added: January 2012