Haya Rashed Al-Khalifa advises the Central Bank of Bahrain on the launch of a new Form CIU (A) and Form CIU(R)

November - 2011

Haya Rashed Al-Khalifa advises the Central Bank of Bahrain on the launch of a new Form CIU (A) and Form CIU(R) working checklist for the application for authorisation and registration of Collective Investment Undertakings (‘CIU’) in Bahrain.

Haya Rashed Al-Khalifa, led by Corporate Finance Partner Ronald Langat advised the Central Bank of Bahrain on the launch of a new Form CIU (A) and Form CIU(R) working checklist for the application for authorisation and registration of Collective Investment Undertakings in Bahrain.  The main purpose of these working checklists is to streamline the authorisation and registration application process respectively.  This is to be achieved by ensuring that all participants are fully aware of the regulatory requirements and the differences between authorisation applications and registration applications thereby creating an efficient application process that achieves the statutory timelines. The Working Checklist-Form CIU (A) is to be completed by applicants for CIU authorisation applications and preferably submitted as an annex to the current Form CIU (A)The Working Checklist-Form CIU(R) is to be completed by applicants for CIU registration applications and preferably submitted as an annex to the current Form CIU(R).  These working checklists are a further illustration of Haya Rashed Al-Khalifa’s dominance in structured finance in Bahrain and their continued commitment to excellence