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  • CRA-2.2 CRA-2.2 Condition 2: Mind and Management

    • CRA-2.2.1

      Licensees must have designated place of business within the Kingdom of Bahrain. Licensees with their Registered Office in the Kingdom of Bahrain must maintain their Head Office in the Kingdom.

      Amended: April 2023
      Added: April 2019

    • CRA-2.2.2

      The CBB requires the following approved persons occupying controlled functions must be resident in Bahrain:

      (a) Chief Executive Officer or General Manager;
      (b) Compliance Officer;
      (c) Money Laundering Reporting Officer;
      (d) Head of Finance;
      (e) Head of Risk Management;
      (f) Head of Operations; and
      (g) Chief Information Security Officer.
      Amended: April 2023
      Added: April 2019

    • CRA-2.2.3

      [This Paragraph was deleted in April 2023].

      Deleted: April 2023
      Added: April 2019