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  • Ad-hoc reporting and notification

    • BR-A.2.9

      All banks licensed by the Agency in the Kingdom of Bahrain are required to notify and report to the Agency on the following matters:

      (a) large exposures (section BR-5.1);
      (b) changes in strategy and/or corporate plan (section BR-5.1);
      (c) changes in management (section BR-5.1);
      (d) changes in dealing staff (section BR-5.1);
      (e) appointment of a Compliance Manager/Officer (section BR-5.1);
      (f) money laundering and suspicious transactions (section BR-5.1);
      (g) promotion of financial products and services (section BR-5.1); and
      (h) authorised signatories (section BR-5.1).

    • BR-A.2.10

      All locally incorporated banks are required to give the Agency, immediate written notification of any actual breach by such bank of the minimum Risk Asset Ratio(s) (RAR) in accordance with section BR-5.2.

    • BR-A.2.11

      All FCBs licensed by the Agency in the Kingdom of Bahrain are required to notify and report to the Agency on the following matters:

      (a) introduction of new and expanded customers and products (section BR-5.3); and
      (b) accounts for charity organisations (section BR-5.3).