ES-1.5.3

Module HC applies to Bahraini investment firm licensees, including their overseas branches (where either the same or equivalent provisions to those in Module HC should apply). Overseas investment firm licensees must demonstrate that the same or equivalent arrangements are in place at the parent entity level, and that these arrangements provide for effective high-level controls over activities conducted in the Bahrain branch.

Amended: April 2011
Amended: July 2010
Added: July 2007