• FC-B.1 FC-B.1 License Categories

    • FC-B.1.1

      This Module applies to all conventional bank licensees, including branches of banks incorporated outside of Bahrain, and Bahrain-incorporated subsidiaries of overseas groups.

    • FC-B.1.2

      The Rules and Guidance in this Module are in addition to and supplement the requirements contained in Decree Law No. (4) of 2001 with respect to the prevention and prohibition of the laundering of money ("The AML Law"). The AML Law imposes obligations on persons generally in relation to the prevention of money laundering. All conventional bank licensees are under the statutory obligations of that Law, a copy of which is contained in Part B of Volume 1, under 'Supplementary Information'. Nothing in this Module is intended to restrict the application of the AML Law.