MIR-2.1.2

Past version: Effective from 15 Dec 2009 to 31 Mar 2013
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A person will be deemed to be undertaking business within or from the Kingdom of Bahrain, if for example:

(a) Such person is incorporated in the Kingdom of Bahrain;
(b) Such person uses an address situated in the Kingdom of Bahrain for the correspondence;
(c) Such person directly solicites clients who are resident within the Kingdom of Bahrain; or
(d) Such person is authorised to deal in securities through a licensed exchange and/or licensed clearing house in the Kingdom of Bahrain, as an exempted member.
Adopted January 2010