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  • AU-2.8 AU-2.8 Condition 8: Other Requirements

    • Books and Records

      • AU-2.8.1

        Licensees must maintain comprehensive books of accounts and other records, which must be available for inspection within the Kingdom of Bahrain by the CBB, or persons appointed by the CBB, at any time. Licensees must comply with the minimum record-keeping requirements contained in Module GR. Books of accounts must comply with IFRS standards.

        May 2011

    • Provision of Information

      • AU-2.8.2

        Licensees must act in an open and cooperative manner with the CBB. Licensees must meet the regulatory reporting and public disclosure requirements contained in Modules BR and PD respectively.

        May 2011

    • General Conduct

      • AU-2.8.3

        Licensees must conduct their activities in a professional and orderly manner, in keeping with good market practice standards. Licensees must comply with the general standards of business conduct contained in Module PB, as well as the standards relating to treatment of customers contained in Module BC.

        May 2011

    • License Fees

      • AU-2.8.4

        Licensees must comply with any license fee requirements applied by the CBB.

        May 2011

      • AU-2.8.5

        License fee requirements are contained in Chapter AU-5.

        May 2011

    • Additional Conditions

      • AU-2.8.6

        Licensees must comply with any other specific requirements or restrictions imposed by the CBB on the scope of their license.

        May 2011

      • AU-2.8.7

        When granting a license, the CBB specifies the regulated administration services that the licensee may undertake. Licensees must respect the scope of their license.

        May 2011

      • AU-2.8.8

        In addition, the CBB may vary existing requirements or impose additional restrictions or requirements, beyond those already specified in Volume 5, to address specific risks.

        May 2011