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BR-2.3.10

A licensee must seek CBB approval and give three months' notice of its intention to undertake fund administration 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 licensee's business in Bahrain; or
(b) The capital resources of the licensee.
Amended: January 2020
Added: May 2011