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  • DA-A DA-A Introduction

    • DA-A.1 DA-A.1 Purpose

      • DA-A.1.1

        This Module sets out the Central Bank of Bahrain's (CBB's) Directive relevant to licensees providing digital financial advice or 'robo-advice' as defined in Module LR, Licensing Requirements Module of the CBB Rulebook Volume 1 in the Kingdom of Bahrain.

        Added: April 2019

      • DA-A.1.2

        This Module should be read in conjunction with the requirements in other parts of the CBB Rulebook, Volume 1, applicable to licensees particularly:

        (a) Principles of Business Module;
        (b) High level Controls Module;
        (c) General Requirements Module;
        (d) Business and Market Conduct Module;
        (e) Operational Risk Management Module;
        (f) Financial Crime Module; and
        (g) Enforcement Module.
        Added: April 2019

      • Legal Basis

        • DA-A.1.3

          This Module contains the CBB's Directive (as amended from time to time) applicable to licensees providing digital financial advice and is issued under the powers available to the CBB under Article 38 of the CBB Law.

          Added: April 2019

        • DA-A.1.4

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

          Added: April 2019

    • DA-A.2 DA-A.2 Module History

      • DA-A.2.1

        This Module was first issued in March 2019. It is numbered as version 01. All subsequent changes to this Module are annotated with a sequential version number: UG-3 provides further details on Rulebook maintenance and version control.

        Added: April 2019

      • DA-A.2.2

        A list of recent changes made to this Module is provided below:

        Module Ref. Change Date Description of Changes