Legal Basis
RR-A.1.3
This Module contains the CBB's Directive (as amended from time-to-time) relating to reputational risk management and is issued under the powers available to the CBB under Article 38 of the Central Bank of Bahrain and Financial Institutions Law 2006 ('CBB Law'). The Directive in this Module is applicable to all
Islamic Bank licensees (including theirapproved persons ).July 2018RR-A.1.4
Requirements of Section 3.3—Management of Step-in Risk are applicable to
Bahraini Islamic bank licensees only.July 2018RR-A.1.5
For an explanation of the CBB's rule-making powers and different regulatory instruments, see Section UG-1.1.
July 2018