BR-2.3.6

A licensee incorporated in Bahrain must seek CBB prior approval and give reasonable advance notice of its intention to enter into a:

(a) Merger with another undertaking;
(b) Proposed acquisition or disposal of all or a major part of assets and liabilities, inside or outside the Kingdom; or
(c) Modify its memorandum or articles of association.
Amended: January 2020
Added: April 2016