BR-A.1 BR-A.1 Purpose
Executive Summary
BR-A.1.1
This Module sets out requirements applicable to
ancillary service provider 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 ofancillary service provider licensees. April 2016BR-A.1.2
This Module provides support for certain other parts of the Rulebook, mainly:
(a) Principles of Business;(c) Risk Management (to be issued);(d) Financial Crime;(e) High-Level Controls (to be issued); and(f) Auditors and Accounting Standards.April 2016BR-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.
April 2016Legal Basis
BR-A.1.4
This Module contains the CBB's Directive relating to reporting requirements applicable to
ancillary service provider 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 and its amendments ('CBB Law').April 2016BR-A.1.5
For an explanation of the CBB's rule-making powers and different regulatory instruments, see Section UG-1.1.
April 2016
