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  • OB-A OB-A Introduction

    • OB-A.1 OB-A.1 Purpose

      • OB-A.1.1

        This Module sets out the Central Bank of Bahrain's (CBB's) Directive relevant to ancillary service providers providing either or both of the following regulated services defined in the Ancillary Services Authorisation Module of the CBB Rulebook Volume 5 in the Kingdom of Bahrain:

        (a) the provision of account information services; or
        (b) the provision of payment initiation services.
        Added: December 2018

      • OB-A.1.2

        This Module should be read in conjunction with the requirements in other parts of the CBB Rulebook, Volume 5, applicable to specialised licensees particularly:

        (c) Ancillary Service Providers Authorisation Module;
        (d) Principles of Business Module;
        (e) General Requirements Module;
        (f) CBB Reporting Requirements Module
        (g) Auditors and Accounting Standards Module;
        (h) Financial Crime Module; and
        (i) Enforcement Module.
        Added: December 2018

      • Legal Basis

        • OB-A.1.3

          This Module contains the CBB's Directive (as amended from time to time) applicable to ancillary services providers undertaking account information services or payment initiation services, and is issued under the powers available to the CBB under Article 38 of the CBB Law.

          Added: December 2018

        • OB-A.1.4

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

          Added: December 2018

    • OB-A.2 OB-A.2 Module History

      • OB-A.2.1

        This Module was first issued in November 2018. It is numbered as version 01. All subsequent changes to this Module are annotated with a sequential version number. UG-3 provides further details on Rulebook maintenance and version control.

        Added: December 2018

      • OB-A.2.2

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

        Module Ref.Change DateDescription of Changes
        OB-1.1.1207/2021Amended Paragraph on PISPs procedures..
        OB-1.1.1307/2021Amended Paragraph on AISPs procedures..
        OB-2.1.107/2021Amended Paragraph on AISPs and PISPs framework contract.
        OB-2.1.507/2021Added a new Paragraph on customer consent.
        OB-2.1.607/2021Added A new Paragraph on data access.
        OB-2.2.107/2021Amended Paragraph on authentication.
        OB-2.2.207/2021Deleted Paragraph.
        OB-2.2.307/2021Deleted Paragraph.
        OB-2.2.407/2021Deleted Paragraph.
        OB-2.2.507/2021Deleted Paragraph.
        OB-2.2.607/2021Deleted Paragraph.
        OB-2.3.807/2021Amended Paragraph on fees and charges.
        OB-2.4.107/2021Amended Paragraph on adherence to guidelines.
        OB-2.4.207/2021Amended Paragraph on compliance.
        OB-2.4.307/2021Added a new Paragraph on technology solutions provided.
        OB-2.4.301/2024Amended Paragraph on technology solutions provided.
        OB-B.1.105/2024Amended introduction Paragraph.
        OB-2.4.105/2024Amended Paragraph on technology related requirements.