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  • DA-A DA-A Introduction

    • DA-A.1 DA-A.1 Purpose

      • DA-A.1.1

        This Module sets out the Central Bank of Bahrain's (CBB's) Directive relevant to licensees providing digital financial advice or 'robo-advice' as defined in Module AU, Authorisation Module of the CBB Rulebook Volume 4 in the Kingdom of Bahrain.

        Added: April 2019

      • DA-A.1.2

        This Module should be read in conjunction with the requirements in other parts of the CBB Rulebook, Volume 4, applicable to licensees particularly:

        (a) Principles of Business Module
        (b) General Requirements Module;
        (c) High level Controls Module;
        (d) Business Conduct Module
        (e) Financial Crime Module; and
        (f) Enforcement Module.
        Added: April 2019

      • Legal Basis

        • DA-A.1.3

          This Module contains the CBB's Directive (as amended from time to time) applicable to Category 1, 2 or 3 licensees providing digital financial advice and is issued under the powers available to the CBB under Article 38 of the CBB Law.

          Added: April 2019

        • DA-A.1.4

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

          Added: April 2019

    • DA-A.2 DA-A.2 Module History

      • DA-A.2.1

        This Module was first issued in March 2019. It is numbered as version 01. All subsequent changes to this Module are annotated with a sequential version number: UG-3 provides further details on Rulebook maintenance and version control.

        Added: April 2019

      • DA-A.2.2

        A list of recent changes made to this Module is provided below:

        Module Ref. Change Date Description of Changes