EN-4.3.3

Past version: Effective from 01 Oct 2007 to 31 Mar 2019
To view other versions open the versions tab on the right

In extreme circumstances, where the CBB believes that immediate action is required to prevent real damage to Bahrain's financial markets, its users or to policyholders of the licensee concerned, it may cancel or amend a license, place a licensee under administration, or suspend a license (cf. Articles 48(g), 130(b) and 131 of the CBB Law). These measures may be used in conjunction with Directions.

Amended: January 2007
Amended: October 2007