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  • CA-A.1 CA-A.1 Purpose

    • Executive Summary

      • CA-A.1.1

        This Module lays down requirements that apply to all licensees, with respect to the minimum level of capital they must maintain.

        October 2010

      • CA-A.1.2

        Principle 9 of the Principles of Business requires that licensees maintain adequate human, financial and other resources, sufficient to run their business in an orderly manner (see Section PB-1.1.9).

        October 2010

    • Legal Basis

      • CA-A.1.3

        This Module contains the Central Bank of Bahrain's ('CBB') Directive (as amended from time to time) relating to the capital adequacy of licensees, and is issued under the powers available to the CBB under Article 38 of the CBB Law. The Directive in this Module is applicable to all licensees. 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

      • CA-A.1.4

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

        October 2010