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  • Ad-hoc reporting and notification

    • BR-A.2.9

      All banks licensed by the Agency in the Kingdom of Bahrain are required to notify and report to the Agency on the following matters:

      (a) large exposures;
      (b) changes in strategy and/or corporate plan;
      (c) changes in management;
      (d) changes in dealing staff;
      (e) appointment of a Compliance Manager/Officer;
      (f) money laundering and transfers by charitable organisations;
      (g) promotion of financial products and services;
      (h) authorised signatories;
      (i) material losses through loan write-offs, fraud or other events.

    • BR-A.2.10

      All locally incorporated banks are required to give the Agency immediate written notification of any actual breach by such bank of the minimum Risk Asset Ratio(s) (RAR) in accordance with section BR-5.2.

    • BR-A.2.11

      All FCBs banks licensed by the Agency in the Kingdom of Bahrain are required to notify and report to the Agency on the introduction of new and expanded customers and products (section BR-5.3).