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  • CA-1.1A CA-1.1A Overseas Investment Firm Licensees

    • Obligation to Maintain Adequate Capital

      • CA-1.1A.1

        Overseas investment firm licensees must calculate their Regulatory Capital based on the audited net assets booked in the Bahrain branch, determined in accordance with accounting standards that would be applicable if they were a joint stock company incorporated in Bahrain. Overseas investment firm licensees must ensure that their Regulatory Capital meets the minimum capital requirements specified in Section CA-1.2 onwards.

        Adopted: January 2011

      • CA-1.1A.2

        While the capital adequacy requirements for Bahraini investment firm licensees and for overseas investment firm licensees are identical (and are defined in CA-1 and CA-3), the calculation of the licensee's regulatory capital varies, according to whether the investment firm licensee is locally incorporated or a branch operation.

        Adopted: January 2011

    • Booking of Assets and Liabilities

      • CA-1.1A.3

        Overseas investment firm licensees must book in Bahrain all assets pertaining to the operations of the Bahrain branch.

        Adopted: January 2011

      • CA-1.1A.4

        Overseas investment firm licensees must not book any obligation/liabilities in their Bahrain branch, without booking the corresponding asset in Bahrain.

        Adopted: January 2011