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  • Licensing

    • AU-1.1.4

      Persons wishing to be licensed to undertake any of the regulated ancillary services within or from the Kingdom of Bahrain must apply in writing to the CBB. An application for a license must be in the form prescribed by the CBB as indicated in Chapter AU-4.

      April 2016

    • AU-1.1.5

      An application for a license must be in the form prescribed by the CBB (Form 1) and must contain:

      (a) A business plan specifying the type of business to be conducted;
      (b) Application forms (Form 2) for all controllers; and
      (c) Application forms (Form 3) for all controlled functions.
      April 2016

    • AU-1.1.6

      The CBB will review the application and duly advise the applicant in writing when it has:

      (a) Granted the application without conditions;
      (b) Granted the application subject to conditions specified by the CBB; or
      (c) Refused the application, stating the grounds on which the application has been refused and the process for appealing against that decision.
      April 2016

    • AU-1.1.7

      Detailed rules and guidance regarding information requirements and processes for license applications can be found in Section AU-4.1. As specified in Paragraph AU-4.1.14, the CBB will provide a formal decision on license application within 60 calendar days of all required documentation having been submitted in a form acceptable to the CBB.

      April 2016

    • AU-1.1.8

      In granting new licenses, the CBB will specify the specific categories of regulated ancillary service for which a license has been granted.

      April 2016

    • AU-1.1.9

      All applicants for ancillary service provider license must satisfy the CBB that they meet, by the date of their license, the minimum conditions for licensing, as specified in Chapter AU-2. Once licensed, licensees must be in compliance with these criteria on an on-going basis.

      April 2016