In general, any person wishing to offer regulated financial services to or from the Kingdom of Bahrain on a commercial basis requires a license from the CBB. The CBB Rulebook provides definitions of what constitute regulated financial services in the modules dealing with licensing/authorization. See Modules LR in Volumes 1 and 2 for conventional and Islamic banks, respectively; and Modules AU in Volume 3 and 4 for insurance and investment business firms, respectively. For financing companies, money changers, administrators and representative offices, reference should be made to the relevant specific Module AU under Volume 5 (Specialized licensees).

For Volume 6 licensees from the capital markets sector, reference should be made to the following modules: 1) Module MAE for licensees managing and operating markets and systems for trading in securities and financial instruments; 2) Module MIR for market intermediaries and representatives (i.e., brokers, dealers and broker-dealers); and 3) Module CSD for those licensees managing and operating clearing, settlement and central depository systems. Collective investment undertakings (CIUs) should refer to Volume 7.

Licensed providers of regulated banking services:

• Conventional bank licensees
• Conventional retail bank licensees
• Bahraini conventional wholesale bank licensees
• Overseas conventional wholesale bank licensees
• Overseas conventional retail banks licensees
• Overseas conventional wholesale banks licensees