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CBB Rulebook: Contents

  • Common Volume
  • Central Bank of Bahrain Volume 1—Conventional Banks
  • Central Bank of Bahrain Volume 2—Islamic Banks
  • Central Bank of Bahrain Volume 3—Insurance
  • Central Bank of Bahrain Volume 4—Investment Business
  • Central Bank of Bahrain Volume 5—Specialised Licensees
    • Common Modules (Applicable to all Specialised Licensees)
    • Specific Modules (By Type of Licensee)
      • Type 1: Money Changers Licensees
      • Type 2: Representative Office Licensees
      • Type 3: Financing Companies
        • Part A
          • High Level Standards
            • AU Financing Companies Authorisation Module
            • HC Financing Companies High-level Controls Module
            • GR Financing Companies General Requirements Module
              • GR-A Introduction
              • GR-B Scope of Application
              • GR-1 Books and Records
              • GR-2 Corporate and Trade Names
              • GR-3 Dividends
              • GR-4 Controllers
                • GR-4.1 Key Provisions
                • GR-4.2 Definition of Controller
                • GR-4.3 Suitability of Controllers
                  • GR-4.3.1
                  • GR-4.3.2
                  • GR-4.3.3
                  • GR-4.3.4
                  • GR-4.3.4A
                  • GR-4.3.5
                  • GR-4.3.6
                  • GR-4.3.7
                  • GR-4.3.8
                • GR-4.4 Approval Process
              • GR-5 Close Links
              • GR-6 Cessation of Business
              • GR-7 Prepaid Cards
          • Business Standards
          • Reporting Requirements
      • Type 4: Administrators
      • Type 5: Trust Service Providers
      • Type 6: Microfinance Institutions
      • Type 7: Ancillary Service Providers
    • Part B
    • Quarterly Updates
    • Ad-hoc Communications
    • Archive
  • Central Bank of Bahrain Volume 6—Capital Markets
  • Central Bank of Bahrain Volume 7—Collective Investment Undertakings
  • Bahrain Bourse (BHB) Material
  • Central Bank of Bahrain and Financial Institutions Law 2006
  • Bahrain Anti Money Laundering Law 2001
  • Regulation Governing Collective Investment Schemes June 2003
  • Bahrain Stock Exchange Law 1987
  • Bahrain Financial Trust Law 2006
  • Bahrain Insurance Law 1987
  • Bahrain Monetary Agency Law 1973
  • Commercial Companies Law 2001
  • CBB Disclosure Standards
  • CBB Debt Securities Guidelines
  • Ministerial Order — Money Laundering
  • CBB Resolution on Dissemination of Listed Companies' Financial Statements and Board of Directors' Meetings
  • CBB Regulations and Resolutions
  • The Corporate Governance Code of the Kingdom of Bahrain
  • Archive
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Breadcrumb

  1. Central Bank of Bahrain Volume 5—Specialised Licensees
  2. Specific Modules (By Type of Licensee)
  3. Type 3: Financing Companies
  4. Part A
  5. High Level Standards
  6. GR Financing Companies General Requirements Module
  7. GR-4 Controllers
  8. GR-4.3 Suitability of Controllers
  9. GR-4.3.3
  Versions

 
  • Jan 01 2013 - Jun 30 2022
  • Jul 01 2022
‹ GR-4.3.2 GR-4.3.4 ›

GR-4.3.3

A natural person must not own or control more than 15% of the voting capital of a licensee. Such person must satisfy the conditions in Paragraph GR-4.3.6 below.

Amended: July 2022
January 2013
‹ GR-4.3.2 GR-4.3.4 ›

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