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BR-1.1.3

Past version: Effective from 01 Jan 2014 to 30 Sep 2014
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In addition to the statements required in Paragraph BR-1.1.2, banks are also required to submit to the CBB the following information within 3 months of their financial year end:

(a) The external auditors' management letter;
(b) The audited accounts for the bank's ultimate holding company;
(c) Audited financial statements of all subsidiaries (whether or not consolidated) and all overseas branches (including their accounting policies where these policies differ from those of the parent bank), along with their management letters;
(d) The bank's group structure and the Bahrain office's internal organisation chart;
(e) A list of non-performing and rescheduled loans (including name of customer, country, amount outstanding, net interest income for the year attributed to profit & loss and the reasons for attributing interest to income);
(f) A list of subsidiaries, associated companies and affiliates of the bank, together with details of their locations and the amount of participation by the bank in these entities;
(g) A reconciliation statement between the audited financial statements and the relevant prudential returns and monthly statistical returns;
(h) [This Subparagraph was deleted in April 2013 and replaced with Paragraph BR-1.1.3A];
(i) Report on controllers as required under Paragraph GR-5.1.9;
(j) Any supplementary information required by the CBB;
(k) An agreed upon procedures report concerning the completeness of disclosures required by Module PD, Section PD-1.3 and Chapter PD-6 (see also AU-3.2.3); and
(l) The remuneration agreed upon procedures as required under Paragraph BR-4A.3.1.
Amended: January 2014
Amended: April 2013
Amended: April 2012
Amended: October 2011
Amended: July 2011
Amended: April 2011
Amended: October 2010
January 2009
October 07