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HC-1.3.7

A Board member may have a maximum of two Directorships of financial institutions inside Bahrain. However, two Directorships of licensees within the same category of licensees would not be permitted. For purposes of this Rule only, insurance firms and reinsurance firms are considered as different categories. Insurance firmsG may approach the CBB for exemption from this limit where the Directorships concern financial institutions within the same group.

Amended: April 2011
January 2011
 Versions
(2 Versions)
 
Jan 1 2011 - Mar 31 2011Apr 1 2011 onwards
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