CBB Volume 5: Contents

Central Bank of Bahrain Volume 5—Specialised Licensees
Specific Modules (By Type of Licensee)
Type 3: Financing Companies
Part A
High Level Standards
HC Financing Companies High-level Controls Module
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HC-2.2.6

The duty of loyalty (mentioned in Paragraph HC-2.2.2 above) includes a duty not to use property of the licenseeG for his personal needs as though it was his own property, not to disclose confidential information of the licenseeG or use it for his personal profit, not to take business opportunities of the licenseeG for himself, not to compete in business with the licenseeG , and to serve the licensee'sG interest in any transactions with a licenseeG in which he has a personal interest.

January 2013
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(1 Version)
 
Jan 1 2013 onwards
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