CSD-3.5.5
The CBB may have regard to the following matters for the purposes of deciding whether to grant or to refuse to grant its approval:
(a) The effect of the proposed imposition of or change in the fee on:
(i) Competition in the financial services industry of Bahrain; and
(ii) Access to clearing, settlement or depository services in Bahrain;
(b) The cost of providing the service for which such proposed imposition or change in fee is proposed;
(c) The effect of such proposed imposition or change on the cost and efficiency of trading, clearing, settlement and depository in Bahrain of securities or futures contracts; and
(d) The effect of such proposed imposition or change in the objective of the CBB as specified in the CBB Law.