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 2011