CM-8.1 CM-8.1 Overview
CM-8.1.1
This chapter sets out various requirements regarding the provision of consumer finance within the Kingdom of Bahrain, by BMA licensees. The aim of these requirements is to encourage:
(a) prudent lending by licensees providing consumer finance; and(b) the transparent disclosure of the full costs and terms on which licensees offer consumer finance.Application date
CM-8.1.2
The content of this chapter is to be applied to all consumer finance facilities entered into or renewed after 1 January 2005.