Back Custom print Link Text Only Rich Text Print

  • PD-A.4 PD-A.4 Module History

    • PD-A.4.1

      This module was first issued in January 2005 as part of the Islamic principles volume. All regulations in this volume have been effective since this date. Any material changes that have subsequently been 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.

      October 2010

    • PD-A.4.2

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

      Module Ref.Change DateDescription of Changes
      PD 2.1.5 & 3.1.7Jan 2006Revised notification for submission of accounts to the Agency
      PD 4.3July 2006Amendment to disclosure of charges requirements
      PD-A, PD-B, PD-1 & PD-3Apr 2008New Disclosures required by Basel II and IFSB
      PD-1.2.6Apr 2010Clarification of text re annual report submission
      PD10/2010Various minor amendments to ensure consistency in CBB Rulebook.
      PD-1.3.1010/2010Additional items for disclosure added to be in line with Corporate Governance Code.
      PD-610/2010New Chapter added to deal with corporate governance disclosure to shareholders.
      PD-A.1.501/2011Clarified legal basis.
      PD-A.2.2, PD-A.2.6, PD-1.3.43 and PD-1.4.101/2011Changes made to reflect new reference to licensed exchange.
      PD-1.2, PD-2.1.4, PD-2.1.5, PD-3.1.4 , and PD-5.1.104/2011Clarified requirements for due date.
      PD-1.1.104/2011Corrected reference to the Rulebook of the licensed exchange.
      PD-A.2.2, PD-A.2.6 and PD-1.3.43 (c).10/2011Reference added to Volume 6 (Capital Markets).
      PD-A.2.410/2011Clarification of existing requirement for the Agreed Upon Procedures Report and setting a deadline for the submission of the report.
      PD-1.510/2011Added a Section on Press Release on Annual Results.
      PD-1.3.23 (j) and PD-3.1.310/2011Amended Subparagraph to be consistent with other Volumes of the Rulebook.
      PD-1.3.1001/2012Amended corporate governance disclosure in annual report.
      PD-6.1.101/2012Amended disclosure requirements to shareholders.
      PD-1.1.104/2012Expanded the scope of this Chapter to also apply to retail branches of foreign banks.
      PD-1.2.304/2012Clarified financial statements that must be disclosed by locally incorporated banks.
      PD-1.2A04/2012Added requirements for annual audited financial statements of retail branches of foreign banks.
      PD-1.3.10 (x)04/2012Clarified nature of disclosure in relation to Module HC.
      PD-2.1.204/2012Clarified what interim semi-annual statements are to be disclosed by retail branches of foreign banks.
      PD-3.1.404/2012Clarified quarterly disclosure requirements.
      PD-3.1.604/2012Clarified deadline for disclosing additional semi-annual disclosures.
      PD-5.1.104/2012Paragraph deleted as it repeats contents of Paragraph PD-3.1.4.
      PD-A.1.507/2012Added reference to Article 62 of the CBB Law.
      PD-A.2.607/2012Clarified priority of Rule to follow where there is a conflict.
      PD-1.3.1007/2012Clarified content of disclosure on corporate governance.
      PD-4.507/2012New Section added on press release concerning financial statements.
      PD-1.3.1010/2012Amended the requirement for banks to maintain a website under (bb).
      PD-4.210/2012This Section was deleted and requirements are now included in Section BC-4.2.
      PD-4.310/2012Clarified title of this Section.
      PD-1.3.10 to PD-1.3.10F01/2014Additional disclosure requirements related to sound remuneration practices.
      PD-1.3.10C, PD-1.3.10F and PD-1.3.10G07/2014Amended disclosure requirements pertaining to remuneration.
      PD-2.110/2014Clarified that this Section only applies to retail branches of foreign banks.
      PD-1.3.10B(o)04/2015Clarified that disclosure rule under this Subparagraph only applies for approved persons and material risk takers.
      PD-A.2, PD-A.3, PD-B, PD-1.1, PD-1.2, PD-1.3, PD-1.4 , PD-3.1, PD-4.2, PD-4.304/2016New Disclosures required by Basel III and alignment related changes for Deposit and URIA Protection scheme and disclosures relating to approved persons.
      PD-1.2.604/2016The annual report must be submitted as a soft copy to the CBB.
      PD-1.3.1004/2016Paragraph restructured and clarified to eliminate certain redundancies.
      PD-3.1.604/2016Due date changed to 2 months to be aligned with requirements under Paragraph BR-2.2.3.
      PD-5.1.304/2015Paragraph deleted as requirements included under Paragraph PD-5.1.2.
      PD-A.2.107/2017Amended the general requirements to include the term 'inclusive of Shari'a issues'.
      PD-1.2.107/2017Amended wording of the paragraph.
      PD-1.3.107/2017Amended paragraph cross-reference.
      PD-1.2A.207/2018Amended Paragraph on 'Publication of Annual Audited Financial Statements' publication time frame.
      PD-1.3.4410/2019Amended Paragraph on disclosure of financial penalties of Bahraini Islamic banks.
      PD-1.3A10/2019Added a new Section on disclosures requirements pertaining to branches of foreign banks.
      PD-3.1.6 (g)10/2020Amended reference.
      PD-3.1.6 (h)10/2020Deleted reference.
      PD-1.3.10(x)04/2023Deleted Subparagraph.
      PD-6.1.204/2023Added a new Paragraph on disclosure in the annual report.
      PD-6.1.304/2023Added a new Paragraph on publishing internal corporate governance policies.
      PD-1.2.5, PD-2.1.5 & PD-3.1.507/2023Amended Paragraphs on submission of newspaper extracts of financial statements.
      PD-3.305/2024Added a new Section on Open Banking Disclosures.

    • Effective Date

      • PD-A.4.3

        The contents in this Module are effective January 2005 or from the effective date of the summary of changes as shown above in the above table. Changes to Chapter PD-6 are effective 1st January 2011.

        Amended October 2010
        April 2008