Central Bank of Bahrain - Rulebooks & Regulatory Update

CBB Volume 3: Contents

Central Bank of Bahrain Volume 3—Insurance

High Level Standards

AU Authorisation

PB Principles of Business

HC High-Level Controls

AA Auditors and Actuaries

GR General Requirements

GR-A Introduction

GR-B Scope of Application

GR-1 Books and Records

GR-2 Corporate and Trade Names

GR-4 Business Transfers

GR-4.1 CBB Approval

GR-4.1.1

GR-4.2 Procedure with Respect to Applications

GR-4.3 Determination of Applications

GR-4.4 CBB Decision

GR-5 Controllers

GR-6 Close Links

GR-7 Statutory Deposits and Compulsory Reserve

GR-8 Cessation of Business

GR-9 Appointed Representatives

GR-10 Professional Indemnity Coverage

Business Standards

Reporting Requirements

Enforcement & Redress

Quarterly Updates

Ad-hoc Communications

Archived Part A

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Location: Central Bank of Bahrain Volume 3—Insurance > Part A > High Level Standards > GR General Requirements > GR-4 Business Transfers > GR-4.1 CBB Approval > GR-4.1.1

GR-4.1 CBB Approval

GR-4.1.1

In accordance with Article 66 of the CBB Law, an insurance licensee^G must seek prior written approval from the CBB before transferring any of its business to a third party.

Amended: January 2007

Versions
(2 Versions)

Up to Jun 30 2007

Jul 1 2007 onwards

GR-4.1 CBB Approval

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