• Evolution of the Module

    • CM-A.3.3

      Prior to the development of this Rulebook, the CBB had issued various circulars representing regulations covering different aspects of credit risk management. These circulars and their evolution into this Module are listed below:

      Circular Ref. Date of Issue Module Ref. Circular Subject
      BC/3/98 21 Feb 1998 CM-B.2 Basel Committee on Banking Supervision Framework for the Evaluation of Internal Controls Systems
      BC/117/95 (partial) 1 Feb 1995 CM-1 - CM-3 Risk Management
      OG/127/01 18 Mar 2001 CM-2 Developing a Sound Credit Culture
      OGD/27/88 9 Feb 1988 CM-3.4 Provisions Against Country Debt
      PIRI Pack - - - - - CM-4 Prudential Information Returns for Islamic Financial Institutions
      EDBC/178/96 5 Oct 1996 CM-5 Islamic Facilities
      OG/45/88 13 Mar 1988 CM-6.1 Write-Off - Credit Facility
      OG/50/92 (partial) 4 Mar 1992 CM-07.1 - CM-7.2 Consumer Finance
      PIRI Pack - - - - - CM-8 Prudential Regulations for Islamic Financial Institutions
      EDBC/105/96 26 June 1996 CM-8.3 Mudaraba Contracts - Minimum Terms and Conditions
      BC/4/99 17 Mar 1999 CM-9.1 Annual Accounts for the Year Ending 31 December 1999
      Amended: January 2011
      October 2007