• Reporting to the CBB

    • CIU-1.10.7

      Bahrain domiciled retail CIUs must file the annual and semi annual reports required under Rule CIU-1.10.1 with the CBB within the time periods specified in Rule CIU-1.10.3.

    • CIU-1.10.8

      Bahrain domiciled retail CIUs must file with the CBB Form CIU (QS), the CIU Quarterly Statistical Return, within the deadline specified on the return.

    • CIU-1.10.9

      Bahrain domiciled retail CIUs must notify the CBB of any AGMs or EGMs they intend to hold, with at least 14 calendar days' notice. The CBB may attend such meetings at its discretion.

    • CIU-1.10.10

      Bahrain domiciled retail CIUs must provide the CBB, upon request, any additional information relevant to the CIU's financial reports and accounts.

    • CIU-1.10.11

      Bahrain domiciled retail CIUs must, in their terms of engagement with their external auditor, administrator/custodian, provide for them to report to the CBB in writing without delay, if they become aware of any of the following:

      (a) The information provided to the CIU's participants or the CBB does not truly reflect the financial situation of the CIU;
      (b) There has been a material breach of the requirements of this Module, the CIU documents, or any directions issued by the CBB;
      (c) There exist circumstances that may materially affect the ability of the CIU to fulfill its obligations to the CIU participants;
      (d) There are material defects in the financial systems, controls or accounting records of the CIU;
      (e) There are material inaccuracies in any reporting provided to the CBB; or
      (f) In the case of the external auditor, they are likely to qualify any opinion they are to provide in relation to the financial statements of the CIU.