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  • BR-1.4 BR-1.4 Other Reporting Requirements

    • Reports Prepared by Licensee

      • BR-1.4.1

        Investment firm licensees must submit, within 3 months of their financial year-end, a report on their controllers (ref. GR-5.1.8 and GR-5.5.3).

        Amended: October 2015
        Adopted: October 2009

      • BR-1.4.2

        Investment firm licensees must submit to the CBB, within 3 months of their financial year-end, a report on their close links (ref. GR-6.1.3).

        Adopted: October 2009

      • BR-1.4.3

        Investment firm licensees must submit to the CBB, within 6 months of their financial year-end, the annual report of their parent company.

        Amended: January 2022
        Amended: July 2012
        Adopted: October 2009

      • BR-1.4.4

        [This Paragraph was deleted in January 2022]

        Deleted: January 2022
        Amended: July 2012
        Adopted: October 2009

      • BR-1.4.5

        As specified in Article 62 of the CBB Law, an investment firm licensee must submit to the CBB its final audited accounts within 3 months of the licensee's financial year-end. Such accounts should be submitted along with the Management Letter prepared by the Auditors for the financial year.

        Adopted: October 2009

      • BR-1.4.5A

        In accordance with Paragraph EN-B.4.6, investment firm licensees must disclose the amount of any financial penalties paid to the CBB, together with a factual description of the reason(s) given by the CBB for the penalty. Investment firm licensees which fail to comply with this requirement will be required to make the disclosure in the annual audited financial statements of the subsequent year and will be subject to an enforcement action for non-disclosure.

        Added: October 2019

      • BR-1.4.6

        Investment firm licensees that are listed companies must observe, while complying with Rule BR-1.4.5, all applicable CBB Capital Market and licensed exchange requirements, as updated by the relevant authorities, with respect to their final audited accounts. These other requirements are currently issued separately, in the form of individual directives issued by the CBB's Capital Markets Supervision Directorate and the licensed exchange (ref. UG-A.1.5).

        Amended: January 2011
        Adopted: July 2010

      • BR-1.4.6A

        Bahraini investment firm licensees must submit to the CBB audited financial statements of their subsidiaries within 3 months of the year end of the subsidiary (ref. GR-10.1.8B).

        Added: October 2016

      • BR-1.4.7

        Investment firm licensees must submit the reports referred to in Paragraph FC-4.2.1 promptly to the Financial Intelligence Unit at the Ministry of the Interior, and submit a copy of the reports to the CBB's Compliance Directorate (FC-4.2.3).

        Amended: January 2022
        Amended: July 2010
        Adopted: October 2009

      • BR-1.4.8

        Investment firm licensees must report any actual or attempted fraud incident (however small) to the CBB and appropriate authorities immediately (ref. FC-10.1.4). This requirement is applicable to Category 1 and Category 2 investment firm licensees only.

        Amended: January 2022
        Amended: July 2010
        Adopted: October 2009

      • BR-1.4.9

        Investment firm licensees must submit a Professional Indemnity Insurance Return (Form PIIR) within 30 calendar days of each quarter (ref. GR-9.1.1). This requirement is applicable to Category 2 and Category 3 investment firm licensees only.

        Amended: January 2022
        Amended: July 2010
        Adopted: October 2009

      • BR-1.4.9A

        Investment firm licensees must submit to the Complaints Unit at the CBB a report summarising the outcome of their complaint handling procedures in accordance with the requirements of Paragraph BC-3.7.1 within 30 calendar days of each quarter end.

        Amended: January 2022
        Adopted: October 2011

    • Reports Prepared by External Auditors

      • BR-1.4.10

        [This Paragraph was deleted in July 2012].

        Deleted: July 2012

      • BR-1.4.11

        Investment firm licensees that hold or control client assets (including where it pools financial instruments held for more than one client) must arrange for their external auditor to report on the licensees' compliance with the requirements contained in Module CL (Client Assets), and submit the report to the CBB within three months of the licensee's financial year end (ref. AA-3.2.1 and CL-1.5.1). This requirement is applicable to Category 1 investment firm and Category 2 investment firm licensees only. Investment firm licensees which do not hold or control Client Assets are obligated to confirm the same annually.

        Amended: April 2018
        Amended: October 2017
        Amended: October 2013
        Amended: July 2010
        Adopted: October 2009

    • IIS Reporting Requirements

      • BR-1.4.12

        Investment firm licensees are required to complete online non-financial information related to their institution by accessing the CBB's institutional information system (IIS). Investment firm licensees must update the required information at least on a quarterly basis or when a significant change occurs in the non-financial information included in the IIS. If no information has changed during the quarter, the investment firm licensees must still access the IIS quarterly and confirm the information contained in the IIS. Licensees must ensure that they access the IIS within 20 calendar days from the end of the related quarter and either confirm or update the information contained in the IIS.

        Amended: January 2013
        Adopted: January 2011

      • BR-1.4.13

        Investment firm licensees failing to comply with the requirements of Paragraph BR-1.4.12 or reporting inaccurate information are subject to financial penalties or other enforcement actions as outlined in Module (EN) Enforcement.

        Amended: April 2011
        Adopted: January 2011

      • BR-1.4.14

        Investment firm licensees must submit to the CBB at least three weeks prior to the prudential meeting date, all compliance reports issued since the last prudential meeting along with status updates on resolved and pending issues.

        Added: July 2023