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  • Ad-hoc Reporting and Notification

    • BR-A.2.10

      All banks licensed by the CBB in the Kingdom of Bahrain are required to notify and report to the CBB on the following matters in Section BR-5.1:

      (a) Large exposures;
      (b) Changes in strategy and/or corporate plan;
      (c) Changes in management;
      (d) [This sub-paragraph was deleted in July 2019];
      (e) Appointment of a Compliance Manager/Officer;
      (f) Money laundering and suspicious transactions;
      (g) [This sub-paragraph was deleted in October 2022];
      (h) Authorised signatories;
      (i) Material losses through loan write-offs, fraud or other events;
      (j) Material transfers of assets or liabilities; and
      (k) Enforcement actions imposed by host regulators on overseas subsidiaries and branches.
      Amended: October 2022
      Amended: October 2020
      Amended: July 2019
      Amended: October 2011
      Amended: October 2010
      April 2010
      October 2007

    • BR-A.2.11

      All Bahraini Conventional Banks Licensees are required to give the CBB immediate written notification of any actual breach by such bank of the minimum Risk Asset Ratio(s) (RAR) and to consult with the CBB prior to entering into any term borrowing arrangements (Section BR-5.2).

      Amended: April 2019
      Amended: April 2012
      Amended: October 2010
      October 2007

    • BR-A.2.12

      All retail banks licensed by the CBB in the Kingdom of Bahrain are required to notify the CBB on the introduction of new and expanded customers and products (Section BR-5.3).

      Amended: October 2011
      Amended: October 2010
      October 2007

    • BR-A.2.13

      Conventional bank licensees must clearly indicate the purpose of any communication addressed to the CBB. In cases of lack of response to such communication by the CBB, the licensee must not infer or assume implied acceptance, approval or acknowledgement of the contents of such communication.

      Added: October 2019