All locally-incorporated banks must obtain the CBB's approval prior to taking a "qualifying holding" in another entity (whether incorporated inside or outside of Bahrain) and any future increases in the bank's ownership of any of the existing qualifying holdings. Banks must notify the CBB for any increase in the value of such ownership where it is due to reasons such as revaluation, change in the capital of the bank, and reduction in the size of the investee's capital, where the deduction rule will apply immediately on such increments. Any bank wishing to acquire a "qualifying holding" in another entity must address the points outlined in paragraph CM-5.10.10 of this Section so that the CBB may make an informed review of the request. Banks must submit such request to the CBB and the CBB shall respond within 2 weeks from the date of receiving a complete set of all the required documents. If the investment meets or exceeds the "qualifying holding" thresholds as per the definition in the glossary, then it must be treated as a "qualifying holding".