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  • Legal Basis

    • GR-A.1.2

      This Module contains the Central Bank of Bahrain's ('CBB') Directive (as amended from time to time) regarding general requirements applicable to insurance licensees, 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'). This Module contains the requirements governing control in insurance licensees under Resolution No (27) of 2015. Requirements regarding transfer of business (see Chapter GR-4) are also included in this Module in line with Resolution No (15) of 2009. It also contains the minimum qualifications and fit and proper requirements for appointed representatives issued in 2009 under Resolution 11 in accordance with Article 74 of the CBB Law.

      Amended: October 2015
      Amended: January 2011
      Amended: October 2009
      Added: January 2007

    • GR-A.1.3

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

      Added: January 2007