The contents of this Chapter apply in full to all Bahraini conventional bank licensees both on a consolidated basis, class="me">and on a solo basis.¹

¹ This change is necessary in respect of exposures by just the Head Office/ parent, but also in respect of exposures by the parent and its subsidiaries i.e. a parent may have an exposure to counterparty A that exceeds 15% on a solo basis but is (say) 12% on a consolidated basis.