Legal Basis
OM-A.1.3
This Module contains the CBB's Directive (as amended from time to time) relating to Operational Risk Management and is issued under the powers available to the CBB under Article 38 of the Central Bank of Bahrain and Financial Institutions Law 2006 ('CBB Law'). The Directive in this Module is applicable to all
conventional bank licensees (including theirapproved persons ).Amended: January 2012
Amended: January 2011
October 07OM-A.1.4
For an explanation of the CBB's rule-making powers and different regulatory instruments, see Section UG-1.1.
Adopted: January 2011