CBB Volume 1: Contents

Central Bank of Bahrain Volume 1—Conventional Banks
Part A
Business Standards
BC Business and Market Conduct
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BC-8.13.1

The minimum information that should be contained in promotional material for specific products includes:

(a) The name of the conventional bank licenseeG communicating the promotional material;
(b) The conventional bank licenseeG ’s Category of license;
(c) The conventional bank licenseeG ’s address;
(d) A description of the main characteristics of the financial instrumentG involved or service offered;
(e) Suitable warning regarding the risks of the financial instrumentG involved and/or service offered; and
(f) A clear statement indicating that, if a retail customerG (as defined in Section BC-8.4) is in any doubt about the suitability of the agreement which is the subject of the promotion, he should consult his own financial adviser, or else the conventional bank licenseeG .

Added: April 2008
 Versions
(1 Version)
 
Apr 1 2008 onwards
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