IM-A.2.3

Past version: Effective from 01 Apr 2011 to 31 Mar 2012
To view other versions open the versions tab on the right

A list of recent changes made to this module are detailed in the table below:

Module Ref. Change Date Description of Changes
IM-1.2 01/07/05 Corrected that only insurance consultants and insurance managers are exempt from statutory deposits.
IM-2.5 01/07/05 Corrected that insurance brokers are subject to statutory deposits.
IM-3.4 01/07/05 Clarified scope of application of Decree Law No. 4.
IM-2.1 01/10/05 Added the option for insurance manager to operate as a branch resident in Bahrain of a company incorporated in another jurisdiction.
IM-3.4 01/10/05 Updated cross-references to Module FC.
IM-A.1.3 01/2007 Updated to reflect new CBB Law and new Rule IM-A.1.3 introduced categorising this Module as a Directive.
IM-2.3.3 10/2007 Amended the minimum number of Directors required to three as per amendment to Module HC.
IM-2.1.7 and 2.1.8 04/2010 Amended legal status of insurance broker and insurance consultant to be in line with amendments made to Module AU.
IM-A.1.3 01/2011 Clarified legal basis
IM-1.2.1 and IM-2.3 04/2011 Amended to reflect changes to Module HC.