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GR-10.1.1

As specified in Articles 51 and 57 of the CBB Law, a Bahraini investment firm licensee incorporated in Bahrain must seek CBB approval and give reasonable advance notice of its intention to:

(a) Enter into a merger with another undertaking;
(b) Enter into a proposed acquisition, disposal or establishment of a new subsidiary undertaking;
(c) Open a new place of business as a subsidiary undertaking or a branch within the Kingdom of Bahrain or other jurisdiction; or
(d) Open a representative office in another jurisdiction.
Amended: July 2013
Added: April 2011