Foreign banks or other foreign financial establishments, wishing to obtain a licence to open a representative office in the country, should submit an application to the Central Bank, using the form prepared by the Central Bank from time to time.
4.2
The applicant should attach the following documents:
a)
The Articles and Memorandum of Association which identify the nature and scope of business to be conducted;
b)
The names of principal shareholders and ownership percentage of each;
c)
A statement identifying the kind of business intended to be conducted through the potential office, as well as the purposes to be achieved by that office;
d)
Name and address of the relevant monetary or supervisory authority to whom the applicant is subject to.
e)
A copy of the audited annual accounts for the last 3 years.
f)
A list of the names of any other companies or establishments owned by the applicant, or in which he is a principal shareholder identifying the percentage of his ownership.
4.3
The Central Bank reserves the right to request any other additional information, statements or documents deemed necessary for the purposes of deciding on an application.