In assessing compliance with Paragraph HC-B.2.4, the CBB will take into account regulatory requirements applicable to the head office, i.e. the company of which the Bahrain branch is part, as well as the governance and systems and controls arrangements applied to the Bahrain operation. For example, the CBB will consider whether the company as a whole has adequate compliance arrangements, and whether these extend to the Bahrain branch. With the exception of specific requirements that explicitly apply to overseas investment firm licensees, overseas investment firm licensees should consider the contents of this Chapter as guidance, in judging whether high-level controls applied to the branch satisfy HC-B.2.4.