Superseded Requirements
Amended: January 2007FC-A.2.4
Prior to the introduction of this Module, the CBB had issued various regulatory instruments containing requirements covering different aspects of financial crime. These requirements were consolidated and updated into a comprehensive financial crime regulation, issued in January 2006 to all non-bank and non-insurance licensees (including investment firm licensees, except those licensed as Bahrain Stock Exchange brokers). In turn, this new consolidated regulation was transposed, with no major changes, into the initial version of this Module. This and other instruments replaced by this Module are listed below:
Document Ref. Date of Issue Module Ref.
(Version 01)Document Subject BC/17/97 10 Nov 1997 FC-B.1 Money Laundering OG/308/89 14 Oct 1989 FC-B.1 Money Laundering EDBC/6/01 14 Oct 2001 FC-1, FC-4 to FC-7 Re: Money Laundering Module BC/1/02 27 Jan 2002 FC-3 FATF Special Recommendations on Terrorism Financing BC/3/00 5 Mar 2000 FC-1.5 Re: Accounts for Charity Organisations Resolution No 1 31 Dec 2003 FC-1, FC-2, FC-4 to FC-7 Money Laundering (NB This Module replaces Resolution No. 1 with respect to BSE brokers, custodians and registrars only: Resolution No. 1, as amended, continues to apply to the BSE and issuers of securities.) FIS/C/001/2006 2 Jan 2006 FC-A to FC-10 New Financial Crime Regulation Amended: January 2007FC-A.2.5
Guidance on the implementation and transition to Volume 4 (Investment Business) is given in Module ES (Executive Summary).
Amended: July 2010
