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    • Market (as referred to in the definition of licensed exchange)

      "Market" means a place at which, or a facility (whether electronic or otherwise) by means of which, offers or invitations to sell, purchase or exchange securities or futures contracts (including options and derivatives) regularly made on a centralised basis, being offers or invitations that are intended or may reasonably be expected to result, whether directly or indirectly, in the acceptance or making, respectively, of offers to sell, purchase or exchange securities or futures contracts (whether through that place or facility or otherwise).

      Added: April 2012

    • Maturity mismatch ratio (for financing companies)

      The maturity mismatch ratio is calculated using the net cumulative mismatch figure obtained under Paragraph LM-1.3.4 as a percentage of total liabilities.

      Added: January 2014

    • Members of the credit reference bureau

      As defined under Article (68 bis) b) 2) of the CBB Law, means CBB licensees as designated by the CBB, government bodies as specified by the Bahrain Cabinet of Ministers resolution and any other person as specified by the CBB resolution issued in coordination with the concerned regulatory body of such person.

      Added: April 2016

    • Microfinance institution(s) or microfinance institution licensee(s)

      A person licensed under Volume 5 of the CBB Rulebook to undertake regulated microfinance services.

      Amended: January 2014

    • Money changer or money changer licensee(s)

      A person who has been granted a licence by the CBB to undertake regulated money changer services as defined in Paragraph AU-1.1.8 of Module AU (Authorisation) for Money changers.

      Amended: January 2013
      Amended: January 2011

    • Money Changers' Business Code of Practice ('the Code')

      Business conduct code included in Chapter 2 of Module BC (Business Conduct) for Money changers.