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BR-2.3.12

Past version: Effective from 01 Jan 2011 to 31 Dec 2019
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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 prior to commencing that business and where the effect of commencing that business may have a significant impact on:

(a) The investment firm licensee's business in Bahrain; or
(b) The capital resources of the investment firm licensee.
Amended: January 2011
Amended: October 2009
Adopted: July 2007