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CIU-1.2.6

For the purposes of this Module, the operator of a Bahrain domiciled exempt CIU may enter into arrangements with unregulated third-party sponsors/originators/promoters on whose behalf the CIU is established. Such arrangements may include ability of the third-party to participate in decisions in relation to investment management. In all such circumstances, a CBB licensed CIU operator or placement agent will take responsibility for compliance with the requirements in this Module and the relevant requirements under the rulebook.

Added: April 2022