Back Custom print Link Text Only Rich Text Print

  • Supplementary Information

    • BR-1.1.4

      In addition to the statements required in Paragraph BR-1.1.2, banks are also required to submit to the Central Bank the following information within 3 months of their financial year end:

      (a) The external auditor's management letter and Independent External Shari'a Compliance Auditor's (IESCA) communication to the board of directors and Shari'a supervisory board along with IESCA's assurance report;
      (b) The audited accounts for the bank's ultimate holding company;
      (c) Audited financial statements of all subsidiaries (whether or not consolidated) and all overseas branches (including their accounting policies where these policies differ from those of the parent bank), along with their management letters;
      (d) The bank's group structure and the Bahrain's office internal organisation chart;
      (e) [This sub-paragraph was deleted in April 2019];
      (f) A list of subsidiaries, associated companies and affiliates of the bank, together with details of their locations and the amount of participation by the bank in these entities;
      (g) A reconciliation statement between the audited financial statements and the relevant prudential returns and monthly statistical returns;
      (h) Any other supplementary information required by the CBB;
      (i) [This Subparagraph was deleted in April 2013 and replaced with Paragraph BR-1.1.4B];
      (j) [This Subparagraph was deleted in July 2017 and replaced with Paragraph BR-1.1.4C];
      (k) Report on controllers as required under Paragraph GR-5.1.9; and
      (l) The remuneration agreed upon procedures as required under Paragraph BR-4A.3.1.
      (m) Report on the number of hours completed during the previous year in Continuous Professional Development (CPD) via CPD Form in Appendix BR-22 by the approved persons specifically board of directors and management as required under Paragraph TC-1.2.1.
      (n) [This Sub-Paragraph was deleted in January 2022].
      Deleted: January 2022
      Amended: April 2019
      Amended: January 2019
      Amended: October 2018
      Amended: July 2017
      Amended: April 2017
      Amended: July 2016
      Amended: October 2014
      Amended: January 2014
      Amended: April 2013
      Amended: April 2012
      Amended: October 2011
      July 2011
      October 2010
      January 2009
      October 07

    • BR-1.1.4A

      In instances where a bank has non-operational subsidiaries, the bank should contact its supervisory point of contact to establish whether the requirements of Subparagraph BR-1.1.4(c) are applicable.

      Added: July 2016

    • BR 1.1.4B

      [This Paragraph was deleted in April 2023].

      Deleted: April 2023
      Amended: January 2022
      Amended: July 2017
      Amended: July 2016
      Added: April 2013

    • BR-1.1.4C

      Banks are required to submit to the Central Bank an agreed upon procedures report concerning the annual disclosures required by Module PD, Section PD-1.3 and Chapter PD-6 (see also AU-3.1.3) within 4 months of their financial year end;

      Added: July 2017