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C4-5.2.5

Category 4 investment firms must obtain prior written approval from the CBB for the following

(a) A change in its registered/trade name. The request must include the proposed new name and the date it intends to implement the change;
(b) A change in the address of the licensee’s principal place of business in Bahrain. The request must include the proposed new address and the date it intends to implement the change;
(c) A change in its legal status that may, in any way, affect its relationship with or limit its liability to its customers;
(d) A change in its authorised or issued capital. If the licensee is granted approval to increase its paid-up capital, confirmation from the external auditor stating that the amount has been deposited in the licensee’s bank account or otherwise reflected in the licensee’s accounts will subsequently be required; and
(e) A change in its Memorandum or Articles of Association.

 

Added: January 2022