GR-B GR-B Scope of Application
GR-B.1 GR-B.1 Conventional Bank Licensees
License categories
GR-B.1.1
The requirements in Module GR (General Requirements) apply to both retail and wholesale
conventional bank licensees .Bahraini and overseas conventional bank licensees
GR-B.1.2
The scope of application of Module GR (General Requirements) is as follows:
Chapter Bahraini bank licensees Overseas bank licensees GR-1 GR-1.1 and GR-1.3 apply to the whole bank; GR-1.2 applies to business booked in Bahrain only. Applies to the Bahrain branch only. GR-2 Applies to the whole bank. Applies to the Bahrain branch only. GR-3 Applies to the whole bank. Doesn't apply. GR-4 Applies to the whole bank. Applies to the Bahrain branch only. GR-5 Applies to the whole bank. Applies to the whole bank. GR-6 [This chapter has been left blank.] [This chapter has been left blank.] GR-7 Applies to the whole bank. Applies to the Bahrain branch only. GR-B.1.3
In the case of
Bahraini bank licensees , certain requirements apply to the whole bank, irrespective of the location of its business; other requirements apply only in respect to business booked in Bahrain. In the case ofoverseas conventional bank licensees , the requirements of Module GR mostly only apply to business booked in the Bahrain branch.
