RR-A.1.1

The Reputational Risk Management Module sets out the Central Bank of Bahrain's ('CBB's') rules and guidance to conventional bank licensees operating in Bahrain on establishing parameters and control procedures to monitor and mitigate reputational risks. The content of this Module applies to all conventional bank licensees, except where noted in individual Chapters.

RR-A.1.2

This Module should be read in conjunction with other parts of the Rulebook, mainly:

RR-A.1.3

This Module contains the CBB's Directive (as amended from time-to-time) relating to reputational 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 their approved persons).

RR-A.1.4

Requirements of Section 3.3—Management of Step-in Risk are applicable to Bahraini conventional bank licensees only.

RR-A.1.5

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

RR-A.2.1

This Module is issued in July 2018 as part of Volume One of the CBB Rulebook. The requirements in this Module are effective from the date of issuance. Any material changes that are subsequently made to this Module are annotated with the calendar quarter date in which the change was made. Chapter UG-3 provides further details on Rulebook maintenance and version control.

RR-A.2.2

The most recent changes made to this Module are detailed in the table below:

Summary of Changes