AA-B AA-B Scope of Application
AA-B.1 AA-B.1 Specialised Licensees
AA-B.1.1
The contents of this Module – unless otherwise stated – apply to all
specialised licensees . Representative Offices are exempted from this Module.October 2010AA-B.1.2
The contents of this Module apply to both
Bahraini specialised licensees andoverseas specialised licensees .October 2010AA-B.2 AA-B.2 Auditors
AA-B.2.1
Certain requirements in this Module indirectly extend to auditors, by virtue of their appointment by
specialised licensees . Auditors appointed byspecialised licensees must be independent (cf. Sections AA-1.4 and AA-1.5). Auditors who resign or are otherwise removed from office are required to inform the CBB in writing of the reasons for the termination of their appointment (cf. Sections AA-1.2). Other requirements are contained in Sections AA-1.3 (Audit partner rotation) and AA-3.1 (Auditor reports).October 2010