Insurance licensees must keep completed transaction records for as long as they are relevant for the purposes for which they were made (with a minimum period in all cases of ten years from the date when the transaction was completed). Records of completed transactions may be retained in either hard copy and/or electronic format, but must be kept in their original form. Completed transaction records for business booked in the Kingdom of Bahrain must be maintained in the Kingdom or be accessible to the CBB within a reasonable period of time, as determined by the CBB.