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  • Executive Summary

    • HC-A.1.1

      This Module presents requirements that have to be met by microfinance institution licensees with respect to:

      (a) Corporate governance principles issued by the Ministry of Industry and Commerce as "The Corporate Governance Code";
      (b) International best practice corporate governance standards set by bodies such as the Basel Committee on Banking Supervision; and
      (c) Related high-level controls and policies.
      January 2014

    • HC-A.1.2

      The Principles referred to in this Module are in line with the Principles relating to the Corporate Governance Code issued by the Ministry of Industry and Commerce.

      January 2014

    • HC-A.1.3

      The purpose of the Module is to establish best practice corporate governance principles in Bahrain, and to provide protection for customers and other microfinance institution licensee's stakeholders through compliance with those principles.

      January 2014

    • HC-A.1.4

      Whilst the Module follows best practice, it is nevertheless considered as the minimum standard to be applied.

      January 2014