As specified in Article 51 of the CBB Law, an investment firm licensee must seek CBB approval and give three months' notice of its intention to undertake investment business activities in a jurisdiction other than Bahrain or, in the case of an overseas investment firm, a jurisdiction other than Bahrain, where that business is to be booked in the Bahrain branch, prior to commencing that business and where the effect of commencing that business may have a significant impact on: