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CBB Rulebook: Contents

  • Common Volume
  • Central Bank of Bahrain Volume 1—Conventional Banks
  • Central Bank of Bahrain Volume 2—Islamic Banks
    • Part A
      • Introduction
      • High Level Standards
        • LR Licensing Requirements
          • LR-A Introduction
          • LR-B Scope of Application
          • LR-1 Requirement to Hold a License
          • LR-1A Approved Persons
            • LR-1A.1 CBB Notification and Approval
              • General Requirement
                • LR-1A.1.1
                • LR-1A.1.2
                • LR-1A.1.3
              • Basis for Approval
              • Definitions
              • Compliance Officer
              • Prior Approval Requirements and Process
              • Assessment of Application
              • Appeal Process
              • Notification Requirements and Process
            • LR-1A.2 Approved Persons Conditions: 'Fit and Proper' Requirement
            • LR-1A.3 [This Section was deleted in January 2016]
          • LR-2 Licensing Conditions
          • LR-3 Information Requirements and Processes
          • LR-4 License Fees
        • PB Principles of Business
        • HC High-Level Controls
        • AU Auditors and Accounting Standards
        • GR General Requirements
        • SG Shari'a Governance
      • Business Standards
      • Reporting Requirements
      • Enforcement & Redress
    • Part B
    • Quarterly Updates
    • Ad-hoc Communications
    • Archived Part A
    • Archived Part B
  • Central Bank of Bahrain Volume 3—Insurance
  • Central Bank of Bahrain Volume 4—Investment Business
  • Central Bank of Bahrain Volume 5—Specialised Licensees
  • Central Bank of Bahrain Volume 6—Capital Markets
  • Central Bank of Bahrain Volume 7—Collective Investment Undertakings
  • Bahrain Bourse (BHB) Material
  • Central Bank of Bahrain and Financial Institutions Law 2006
  • Bahrain Anti Money Laundering Law 2001
  • Regulation Governing Collective Investment Schemes June 2003
  • Bahrain Stock Exchange Law 1987
  • Bahrain Financial Trust Law 2006
  • Bahrain Insurance Law 1987
  • Bahrain Monetary Agency Law 1973
  • Commercial Companies Law 2001
  • CBB Disclosure Standards
  • CBB Debt Securities Guidelines
  • Ministerial Order — Money Laundering
  • CBB Resolution on Dissemination of Listed Companies' Financial Statements and Board of Directors' Meetings
  • CBB Regulations and Resolutions
  • The Corporate Governance Code of the Kingdom of Bahrain
  • Archive
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Breadcrumb

  1. Central Bank of Bahrain Volume 2—Islamic Banks
  2. Part A
  3. High Level Standards
  4. LR Licensing Requirements
  5. LR-1A Approved Persons
  6. LR-1A.1 CBB Notification and Approval
  7. General Requirement
  8. LR-1A.1.3
  Versions

 
  • Oct 01 2010 - Dec 31 2012
  • Jan 01 2013 - Sep 30 2013
  • Oct 01 2013 - Dec 31 2013
  • Jan 01 2014
‹ LR-1A.1.2 Basis for Approval ›

LR-1A.1.3

Prior approval is required for all controlled functions in relation to Bahrain operations. Controlled functions (g) and (h) may be combined, however (see also FC-4.1, regarding the MLRO function).

Amended: January 2014
Amended: October 2013
Amended: January 2013
October 2010
‹ LR-1A.1.2 Basis for Approval ›

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