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  • CRA-2.8 CRA-2.8 Condition 8: Other Requirements

    • Books and Records

      • CRA-2.8.1

        Licensees must maintain comprehensive books of accounts and other records, which must be available for inspection within the Kingdom of Bahrain by the CBB, or persons appointed by the CBB, at any time. Licensees must ensure that all relevant books and other information, as may be required by the CBB, are kept for a minimum period of 10 years.

        Amended: April 2023
        Added: February 2019

    • General Conduct

      • CRA-2.8.2

        Licensees must conduct their activities in a professional and orderly manner, in keeping with good market practice standards. Licensees must comply with the general standards of business conduct as well as the standards relating to treatment of clients contained in Chapter CRA-4 and CRA-12.

        Added: April 2019

    • Additional Conditions

      • CRA-2.8.3

        Licensees must comply with any other specific requirements or restrictions imposed by the CBB on the scope of their license.

        Added: April 2019

      • CRA-2.8.4

        In addition, the CBB may vary existing requirements or impose additional restrictions or requirements, beyond those already specified for licensees, to address specific risks.

        Added: April 2019