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  • Overseas Investment Firm Licensees

    • RM-B.2.4

      Overseas investment firm licensees must satisfy the CBB that the same or equivalent arrangements to those contained in this Module are in place at the head office level, as well as ensuring that there is effective risk management of activities conducted under the Bahrain license.

      Adopted: July 2007

    • RM-B.2.5

      In assessing compliance with Paragraph RM-B.2.4, the CBB will take into account regulatory requirements applicable to the head office, i.e. the company of which the Bahrain branch is part, as well as the risk management framework applied to the Bahrain operation. With the exception of specific requirements that explicitly apply to overseas investment firm licensees, overseas investment firm licensees should consider the contents of this Chapter as guidance, in judging whether risk management controls applied to the branch satisfy RM-B.2.4.

      Adopted: July 2007