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  • EN-A.1 EN-A.1 Application

    • EN-A.1.1

      This Module sets out the Central Bank of Bahrain's ('CBB') approach to enforcement, and the mechanisms used by the CBB to address failures by licensees to comply with its regulatory requirements. The purpose of such measures is to encourage a high standard of compliance by the CBB licensees, thus reducing risk to their customers and the rest of the financial system.

      Amended: January 2011
      Amended: October 2010
      Added: October 2007

    • EN-A.1.2

      This Module provides support for all other Modules in the Rulebook.

      Added: October 2007

    • Legal Basis

      • EN-A.1.3

        This Module contains the CBB's Directive (as amended from time to time) relating to enforcement and penalties and administrative provisions under Articles 125 to 132 of the Central Bank of Bahrain and Financial Institutions Law 2006 and its amendments ('CBB Law'). It is issued under the powers available to the CBB under Article 38 of the CBB Law. The Directive in this Module is applicable as follows. Chapters EN-1 to EN-4 and EN-6 to EN-9 inclusive apply to all conventional bank licensee. Chapters EN-2 to EN-5 and EN-10 apply to the Directors and employees of all conventional bank licensees.

        Amended: April 2016
        Amended: January 2011
        Amended: October 2010
        Added: October 2007

      • EN-A.1.4

        For an explanation of the CBB's rule-making powers and different regulatory instruments, see Section UG-1.1.

        Added: October 2007