Executive Summary
AU-A.1.1
The Authorisation Module sets out the CBB's approach to licensing representative offices in the Kingdom of Bahrain. It also sets out CBB requirements for approving persons undertaking key function in those licensees.
December 2010AU-A.1.2
The person undertaking the function of
Representative Office Manager ('Rep Manager') in relation to arepresentative office licensee requires prior CBB approval. This function is referred to as a 'controlled function '. Thecontrolled function regime supplements the licensing regime by ensuring that this key person responsible of therepresentative office is fit and proper. This person authorised by the CBB to undertake acontrolled function in a representative office licensee is called anapproved person .December 2010
