CA-A CA-A Introduction
CA-A.1 CA-A.1 Purpose
Executive Summary
CA-A.1.1
This Module lays down requirements that apply to all
administrators licensees , with respect to the minimum level of capital and liquidity they must maintain.May 2011CA-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).May 2011Legal Basis
CA-A.1.3
This Module contains the Central Bank of Bahrain ('CBB') Directive (as amended from time to time) relating to the capital adequacy and liquidity requirements of
administrators 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').May 2011CA-A.1.4
For an explanation of the CBB's rule-making powers and different regulatory instruments, see Section UG-1.1.
May 2011CA-A.2 CA-A.2 Module History
Evolution of Module
CA-A.2.1
This Module was first issued in May 2011 by the CBB. Any material changes that have subsequently been made to this Module are annotated with the calendar quarter date in which the change was made: Chapter UG-3 provides further details on Rulebook maintenance and version control.
May 2011CA-A.2.2
A list of recent changes made to this Module is provided below:
Module Ref. Change Date Description of Changes CA-1.2.5 01/2023 Amended Paragraph on liquidity requirements. CA-1.2.6 01/2023 Deleted Paragraph. CA-1.2.7 01/2023 Deleted Paragraph. CA-1.2.8 01/2023 Deleted Paragraph.
