Operators of CIUs domiciled within the GCC seeking to offer their CIUs in the Kingdom of Bahrain through the GCC Passporting regime must first obtain the requisite approval from their home country’s regulatory authority. Operators and their designated placement agents engaged in the marketing of such CIUs within the Kingdom of Bahrain must also comply with The Regulatory Framework for the Cross-Border Registration of Financial Products between the Authorities Regulating the Capital Markets in the Council Countries and the Regulation for the Cross-Border Registration of Investment Funds available under Part B of Volume 7.