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BR-2.3.17

An insurance 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; or
(c) Open a new place of business as a subsidiary, a branch or a representative office within the Kingdom of Bahrain or other jurisdiction.
Amended: January 2020
Amended: April 2013
Amended: October 2007
Amended: January 2007