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  • PD-A.1 PD-A.1 Purpose

    • PD-A.1.1

      The purpose of this Module is to set out the detailed qualitative and quantitative public disclosure requirements and disclosure to shareholders that the banks should adhere to in order to enhance corporate governance and financial transparency through better public disclosure. Such disclosures also help to protect customers and facilitate market discipline.

      Amended October 2010
      April 2008

    • PD-A.1.2

      This Module provides support for certain other parts of the Rulebook, namely:

      (a) Principles of Business;
      (b) High-level Controls;
      (c) Audit Firms;
      (d) CBB Reporting Requirements;
      (e) Capital Adequacy;
      (f) Business and Market Conduct; and
      (g) Risk Management (i.e. market, credit, liquidity and operational).
      April 2008

    • PD-A.1.3

      This Module also provides support for certain aspects relating to disclosure requirements stipulated in the Central Bank of Bahrain and Financial Institutions Law (Decree No. 64 of 2006) and the Bahrain Commercial Companies Law (as amended).

      April 2008

    • PD-A.1.4

      The Central Bank of Bahrain's ('CBB') disclosure requirements (in this Module) vary according to whether the concerned bank is a Bahraini conventional bank licensee (PD-1 and PD-3) or a branch of a foreign bank (PD-2).

      Amended: July 2015
      Amended: January 2011
      April 2008

    • Legal Basis

      • PD-A.1.5

        This Module contains the CBB s Directive (as amended from time to time) relating to public disclosure and disclosure to shareholders and is issued pursuant to the powers available to the CBB under Article 38 of the Central Bank of Bahrain and Financial Institutions Law 2006 ( CBB Law ). It also incorporates the requirements of Article 62 of the CBB law with respect to the publication of financial statements. The Directive in this Module is applicable to all Bahraini conventional bank licensees (and branches of foreign banks where applicable).

        Amended: July 2015
        Amended: July 2012
        Amended: January 2011
        Amended October 2010
        April 2008

      • PD-A.1.6

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

        April 2008