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  • EN-A.1 EN-A.1 Purpose

    • Executive Summary

      • EN-A.1.1

        This Module sets out the Central Bank of Bahrain’s (‘CBB’) approach to enforcement, and the measures used by the CBB to address failures by authorised persons to comply with its regulatory requirements (whether they be insurance licensees, approved persons or registered persons). The purpose of such measures is to encourage a high standard of compliance by all those authorised by the CBB, thus reducing risk to policyholders and the financial system.

        Amended: January 2007
        Amended: October 2007

    • Legal Basis

      • EN-A.1.2

        This Module contains the CBB's Directive (as amended from time to time) relating to enforcement and is issued under the powers available to the CBB under Article 38 of the Central Bank of Bahrain and Financial Institutions Law 2006 and its amendments ('CBB Law'). The Directive in this Module is applicable to all insurance licensees (including their approved persons), and to registered persons.

        Amended: April 2016
        Amended: January 2011
        Adopted: January 2007

      • EN-A.1.3

        For an explanation of the CBB's rule-making powers and different regulatory instruments, see Section UG-1.1.

        Adopted: January 2007