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Location: Central Bank of Bahrain Volume 3—Insurance > Part A > High Level Standards > AU Authorisation > AU-5 Information Requirements and Processes > AU-5.2 Approved Persons > Notification Requirements and Process
  • Notification Requirements and Process

    • AU-5.2.6

      Insurance licenseesG must immediately notify the CBB when an approved personG ceases to hold a controlled functionG together with an explanation as to the reasons why (see Paragraph AU-5.5.6). In such cases, their approved personG status is automatically withdrawn by the CBB.

      Amended: July 2008
      Amended: April 2008
      Amended: July 2007

    • AU-5.2.7

      Insurance licenseesG must immediately notify the CBB in case of any material change to the information provided in a Form 3 submitted for an approved personG .

      Added: April 2010

    • AU-5.2.8

      Insurance licenseesG must immediately notify the CBB when they become aware of any of the events listed in Paragraph EN-8.2.3, affecting one of their approved personsG .

      Added: April 2010

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