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  • GR-A.1 GR-A.1 Purpose

    • Executive Summary

      • GR-A.1.1

        The General Requirements Module presents a variety of different requirements that are not extensive enough to warrant their own stand-alone Module, but for the most part are generally applicable. These include requirements on books and records; on the use of corporate and trade names; on controllers and close links, on security measures, counterfeit currency detection measures and loans extended to related parties.

        October 2010

    • Legal Basis

      • GR-A.1.2

        This Module contains the Central Bank of Bahrain's ('CBB') Directive (as amended from time to time) regarding general requirements applicable to licensees, and is issued under the powers available to the CBB under Article 38 of the Central Bank of Bahrain and Financial Institutions Law 2006 ('CBB Law'). Requirements regarding controllers (see Chapter GR-5) also included in Regulations, to be issued by the CBB. Requirements regarding Money Changer Licensees are also included in the Regulation Organising Money Changing Business, issued in 1994 and included in this Module.

        Amended: January 2011
        October 2010

      • GR-A.1.3

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

        October 2010