• Mergers, Acquisitions, Disposals and Establishment of New Subsidiaries

    • BR-2.3.13

      A licensee incorporated in Bahrain must seek CBB approval and give reasonable advance notice of its intention to enter into a:

      (a) Merger with another undertaking; or
      (b) Proposed acquisition, disposal or establishment of a new subsidiary undertaking.
      Amended: January 2020
      Added: October 2010

    • BR-2.3.14

      Licensees wishing to cancel an authorisation for a subsidiary undertaking must obtain the CBB's written approval, before ceasing the activities of the subsidiary.

      Amended: April 2011
      October 2010