• BR-A BR-A Introduction

    • BR-A.1 BR-A.1 Purpose

      • Executive Summary

        • BR-A.1.1

          This Module sets out requirements applicable to financing company licensees regarding reporting to the CBB. These include the provision of financial information to the CBB by way of prudential returns, as well as notification to the CBB of certain specified events, some of which require prior CBB approval. This Module also outlines the methods used by the CBB in gathering information required in the supervision of financing company licensees.

          January 2013

        • BR-A.1.2

          This Module provides support for certain other parts of the Rulebook, mainly:

          (a) Principles of Business;
          (b) Public Disclosure;
          (c) Risk Management;
          (d) Financial Crime;
          (e) Capital Adequacy;
          (f) High-Level Controls;
          (g) Business Conduct; and
          (h) Auditors and Accounting Standards.
          January 2013

        • BR-A.1.3

          Unless otherwise stated, all reports referred to in this Module should be addressed to the Director of relevant supervision directorate of the CBB.

          January 2013

      • Legal Basis

        • BR-A.1.4

          This Module contains the CBB's Directive relating to reporting requirements applicable to financing company 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').

          January 2013

        • BR-A.1.5

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

          January 2013

    • BR-A.2 BR-A.2 Module History

      • Evolution of Module

        • BR-A.2.1

          This Module was first issued in January 2013. All subsequent changes to this Module are annotated with the end-calendar quarter date in which the change was made: UG-3 provides further details on Rulebook maintenance and version control.

          January 2013

        • BR-A.2.2

          A list of recent changes made to this Module is provided below:

          Module Ref. Change Date Description of Changes
          BR-1.5.1 04/2013 Clarified deadline to update IIS.
          BR-2.3.9 04/2013 Corrected cross reference.
          BR-2.3.10 04/2013 Aligned with requirements of Article 57 of the CBB Law.
          BR-1.1.2 and BR-3.5.11 07/2013 Amended numbering of referred appendix.
          BR-1.2.2 01/2014 Clarified format of interim financial statements.
          BR-1.3.5 01/2014 Added liquidity reporting requirements.
          BR-1.6 01/2014 Added new Section on Internet Security Measures.
          BR-1.1.2 and BR1.2.4- 04/2014 Added requirement for agreed upon procedures report for annual and semi-annual disclosures.
          BR-1.1.2 and BR-1.1.2A 10/2014 To align and update requirements dealing with new Appendix BR-5, Board and Committee meetings with the requirements under Paragraph HC-1.3.9.
          BR-1.3 10/2014 Updated to reflect new reporting form PIRFM.
          BR-1.2 10/2015 Added new reporting requirements dealing with draft interim financial statements and financial review report.
          BR-2.3.12 01/2016 Corrected cross references.
          BR-2.2.16 04/2016 Corrected cross reference.
          BR-1.1.2 04/2017 Added sub-paragraph (k) on CPD requirements.
          BR-1.7 04/2017 Added a new Section on Onsite Inspection Reporting.
          BR-2.3.10 01/2020 Amended Paragraph.
          BR-1.1.2A 01/2022 Amended Paragraph on the submission of the Board and Committee annual meetings report.
          BR-1.1.4 01/2022 Amended Paragraph on submission of annual report.
          BR-1.3.2 01/2022 Amended Paragraph on the submission of the PIRFM forms.
          BR-1.7.2 01/2022 Amended Paragraph on the submission of the written assessment of the observations/issues raised in the Inspection draft report.
          BR-2.2.15 01/2023 Amended Paragraph removing reference to OM.
          BR-2.3.12 01/2023 Deleted Paragraph on CBB approval for outsourcing arrangements.