CM-A.3.2
Past version: Effective from 01 Jan 2013 to 30 Jun 2013
To view other versions open the versions tab on the right
The most recent changes made to this Module are detailed in the table below:
Summary of Changes
| Module Ref. | Change Date | Description of Changes |
| CM 8 | 1/1/2005 | Revised Consumer Finance Limits |
| CMA-2 | 1/1/2005 | Revised Key Requirements to reflect CM 8 above |
| CM 8.3 | 1/7/2005 | Revised definition of 'consumer loan' |
| CM 3.2 | 1/10/2005 | Role of internal audit becomes a rule |
| CM 8.4 | 1/10/2005 | Clarifications re non-compliant facilities |
| CM-A.1 | 10/2007 | New Rule CM-A.1.3 introduced, categorising this Module as a Directive. |
| CM-8 | 10/2007 | New Requirement to follow the "Code of Best practice on Consumer Credit and Charging". |
| CM-1.2 | 10/2007 | Membership of CRB |
| CM-7.1 | 04/2008 | Guidance concerning material interest as shareholder for write-offs |
| CM-8.6 | 04/2008 | New Refund and prepayment requirements |
| CM-5.7 | 10/2009 | New reporting arrangements for exposures of connected counterparties. |
| CM-5.7 | 01/2010 | Revised reference for LE reporting |
| CM-A.1.3 | 01/2011 | Clarified legal basis. |
| CM-5 | 01/2011 |
Changes made to incorporate Basel Core Principle 5 and new large |
| CM-A.1.1 | 04/2011 | Corrected typo. |
| CM-A.2.4 | 04/2011 | Corrected cross reference in line with new limits introduced in January 2011. |
| CM-5.3.1(c), CM-5.6.1 | 04/2011 | Corrected cross reference. |
| CM | 07/2011 | Various minor amendments to clarify Rules and have consistent language. |
| CM-5.5.9 | 07/2011 | Amended the definition of connected counterparties. |
| CM-8.5.9 and CM-8.5.10 | 10/2011 | Corrected elements of APR formula. |
| CM-8.5.12 | 10/2011 | Paragraph deleted as it does not reflect current practice on residual interest. |
| CM-5.5.1.E | 01/2012 | Amended definition of qualifying holdings |
| CM-5.6 | 01/2012 | Clarified and amended the Rules on temporary exposures. |
| CM-5.10.3 | 01/2012 | Clarified the Rule on future increases in qualifying holdings. |
| CM-8.4.9 | 01/2012 | Changed Rule to Guidance. |
| CM-5.6.2 | 04/2012 | Clarified Rules on temporary exposures. |
| CM-A.2.8 | 07/2012 | Updated reference to Bahrain Association of Banks. |
| CM-5.5.6 | 07/2012 | Clarified the definition of 'controlling interest'. |
| CM-5.5.7A | 07/2012 | CBB prior approval required for excess over limits to connected counterparties. |
| CM-5.5.9 | 07/2012 | Minor correction. |
| CM-5.10.3 | 07/2012 | Amendment made to be in line with updated definition of qualifying holdings. |
| CM-8.5.4 | 07/2012 | Minor typo corrected. |
| CM-8.5 | 10/2012 | This Section was deleted and requirements are now included in Section BC-4.3. |
| CM-A.2.10 | 01/2013 | Clarified Rule related to the write-off of a credit facility. |