CBB Volume 4: Contents

Central Bank of Bahrain Volume 4—Investment Business
Part A
Business Standards
FC Financial Crime
Skip to Content
Whole SectionText only Print Print Manager Link

FC-1.1.8

Where financial services are provided to a minor or other person lacking full legal capacity, the normal identification procedures as set out in this Chapter must be followed. In the case of minors, investment firm licenseesG must additionally verify the identity of the parent(s) or legal guardian(s). Where a third party on behalf of a person lacking full legal capacity wishes to open business relations, the licensee must establish the identity of that third party as well as the person conducting the business.

Amended: January 2007
 Versions
(2 Versions)
 
Up to Jun 30 2007Jul 1 2007 onwards
Back to top