• HC-A.2 HC-A.2 Module History

    • HC-A.2.1

      This Module was first issued in June 2004 by the BMA and updated in October 2007 to reflect the switch to the CBB. Following the issuance of the Corporate Governance Code by the Ministry of Industry and Commerce in March 2010, the Module was amended in October 2010 to be in line with the new Corporate Governance Code and to include previous requirements that were in place in the originally issued Module HC. 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.

      Added: April 2023

    • HC-A.2.2

      A list of recent changes made to this Module is detailed in the table below:

      Module Ref.Change DateDescription of Changes
      Full Module HC04/2023New restructured HC Module supersedes the previous version. The new Module is consistent with Corporate Governance Principles for banks Paper issued in July 2015 by the Basel Committee on Banking Supervision.
      Full Module HC01/2024Restructured Module HC containing Part 1 applicable to Bahraini bank licensees and Part 2 applicable to Branches of foreign banks.