List of Circulars
List of Circulars included in Respective Modules
Business and Market Conduct (BC)
Circular Ref. | Date of Issue | Module Ref. | Circular Subject |
EDBC/73/96 | 1 May 1996 | BC 1.1 | Explanatory note on the promotion of Banking andFinancial Products offered in/from Bahrain by Means of Incentives etc. |
BS.C7/91/442 | 10 Sep 1991 | BC 1.1 | Promotion of Banking Services |
85/25 | 2 May 1985 | BC 2 | Code of Conduct for Foreign Exchange Dealers and Brokers |
83/5 | 10 Apr 1983 | BC 3 | Disclosure of Information about Individual Accounts |
BS/11/2004 | 10 Aug 2004 | BC 4.1 | Savings Accounts |
EDBO/51/02 | 2 Apr 2002 | BC 4.2 | Charges to Customers |
BC/5/00 | 8 Mar 2000 | BC 4.3 | Accounts held for Clubs and Societies in Bahrain |
BS.D(111)/94/1507 | 24 Sep 1994 | BC 4.4 | Fees on Current Accounts |
BC/2/01 3 | Mar 2001 | BC 4.5 | Brokerage Fees in Bahrain |
ODG/145/92 | 18 Aug 1992 | BC 4.6 | New or expanded products and facilities in the Retail Banking Field |
EDBO/46/03 | 8 Apr 2003 | BC 4.7 | Inheritance — Financial Procedures |
EDBO/27/96 | 25 Sep 1996 | BC 5.1 | Regulation Relating to a Penalty System for "Dishonored Cheques" |
OG/399/94 | 28 Nov 1994 | BC 5.2 | Returned Cheques |
EDBO/49/01 | 6 May 2001 | BC 5.3 | Penalty Charges on Returned Cheques |
BC/8/98 | 24 May 1998 | BC 6.1 | Off-site ATMs |
EDBO/45/02 | 13 Mar 2002 | BC 6.2 | GCC ATM Network Charges |
EDBC/105/96 | 19 May 1996 | BC 7.1 | Minimum Terms for Mudaraba Contracts |
Capital Adequacy (CA)
Circular Ref. | Date of Issue | Module Ref. | Circular Subject |
BC/09/2001 | 26 Nov 2001 | CA 1 — CA 9 | PIRI Regulations |
BC/01/98 | 10 Jan 1998 | CA 2.5 | Risk Assets Ratio |
OG/78/01 | 20 Feb 2001 | CA 2.5 | Monitoring of Capital Adequacy |
High Level Controls (HC)
Circular Ref. | Date of Issue | Module Ref. | Circular Subject |
EDBS/... /04 (Consultative Paper) |
24 Feb 2004 | HC 1 | High Level Controls Requirements for Banks - Enhancing Corporate Governance |
BC/23/99 | 8 Nov 1999 | HC 1 | 'Enhancing Corporate Governance in Banking Organisations' |
BC/904/95 | 24 Jul 1995 | HC 1.6 | Notification to, and approval from the Agency for certain matters |
BC/11/98 | 27 Jul 1998 | HC 2 | Terms and Definitions Applying to the Management of Banks and Financial Institutions |
BC/8/00 | 24 May 2000 | HC 2 | Controllers of, and holdings and transfers of significant ownership or controlling interests in, Agency licensees |
BC/13/99 | 15 Jun 1999 | HC 3 | Compliance, Risk Management and Internal Controls |
BMA/1287/94 | 6 Nov 1994 | HC 4 | Foreign Exchange, Securities and Other Dealers |
BC/09/2001 | 26 Nov 2001 | HC | PIRI Regulations |
Licensing and Authorisation Requirements (LR)
Circular Ref. | Date of Issue | Module Ref. | Circular Subject |
5/77 | 8 Mar 1977 | LR B-1.1, LR 3.3 | Permitted Business Transactions with Residents |
OG/16/90 | 10 Jan 1990 | LR 2.3, LR 3.3 | 'no subject' |
OG/192/98 | 16 Jun 1998 | LR 4 | Financial Trust Regulation no reference Apr 1981 LR 5 Precious Metals and Commodities |
BS/07/04 | 6 May 2004 | LR 5 | Record Keeping Arrangements |
Audit Firms (AU)
Circular Ref. | Date of Issue | Module Ref. | Circular Subject |
BC/5/82 | 5 Aug 1982 | AU 1.1 | Approval of Appointment of Auditors |
ODG/59/99 | 15 Jul 1999 | AU 1.1 — AU 1.2 | Audit Partners of External Auditors and Reporting Accountants of Locally Incorporated Banks |
ODG/162/03 | 21 May 2003 | AU 1.4, AU 2.2 | Outsourcing |
BS/9/03 | 14 Sep 2003 | AU 1.5 | Operational Risk Management |
BC/1/97 | 12 Feb 1997 | AU 1.6 | Request for Approval for Dividend Distribution |
14/86 | 19 Jun 1986 | AU 2.1 | Auditors' Relationship with Supervisors |
BMA/751/93 | 8 Jul 1993 | AU 3.2.2 | Directors' Interest in the Shares of, and the Unaudited Quarterly Financial Statements of, Locally Incorporated Banks Quoted on the Bahrain Stock Exchange. |
BC/1/99 | 22 Feb 1999 | AU 3.3 | Enhancing Bank Transparency |
EDBC/6/01 | 14 Oct 2001 | AU 3.4 | Money Laundering Regulation |
BC/4/99 | 17 Mar 1999 | AU 3.7 | Accounts for the Year Ending 31 December 1999 |
BC/6/97 | 21 Apr 1999 | AU 4 | Reporting Accountants |
Credit Risk Management (CM)
Circular Ref. | Date of Issue | Module Ref. | Circular Subject |
BC/117/95 | 1 Feb 1995 | CM 1 — CM 2 | Risk Management |
OG/127/01 | 18 Mar 2001 | CM 2.3 | Developing a Sound Credit Culture |
EDBC/1/95 | 26 Aug 1995 | CM 3 | Provisioning Policies of Branches of Foreign Banks in Bahrain |
OGD/27/88 | 9 Feb 1988 | CM 3.4 | Provisions Against Country Debt |
EDBC/178/96 | 5 Oct 1996 | CM 5 | Islamic Facilities |
BC/09/2001 | 26 Nov 2001 | CM 4, CM 8 | PIRI Framework |
EDBC/128/96 | 4 Aug 1996 | CM 5 | Staff Loans |
OG/45/88 | 13 Mar 1988 | CM 1, CM 6 | Write-Off — Credit Facility |
ODG/247/2004 | 25 Jul 2004 | CM 7 | Consumer Finance |
EDBC/105/96 | 26 Jun 1996 | CM 8 | Mudaraba Contracts — Minimum terms and Conditions |
BC/3/98 | 21 Feb 1998 | CM B-2 | Basel Committee on Banking Supervision Framework for the Evaluation of Internal Controls Systems |
Financial Crimes (FC)
Circular Ref. | Date of Issue | Module Ref. | Circular Subject |
BC/17/97 | 10 Nov 1997 | FC B-1 | Money Laundering |
OG/308/89 | 14 Oct 1989 | FC B-1 | Money Laundering |
EDBC/6/01 | 14 Oct 2001 | FC 1, FC 4, FC 7 | Re:Money Laundering Regulation |
BC/1/02 | 27 Jan 2002 | FC 3 | FATF Special Recommendations on Terrorism Financing |
BC/3/00 | 5 Mar 2000 | FC 5 | Re: Accounts for Charity Organisations |
OG/423/01 | 1 Oct 2001 | FC 8 UN | Security Council Resolution 1373 (2001) |
Operational Risk Management (OM)
Circular Ref. | Date of Issue | Module Ref. | Circular Subject |
BS/9/03 | 14 Sep 2003 | OM 1 | Operational Risk Management |
ODG/162/03 | 21 May 2003 | OM 2 | Outsourcing |
BC/9/98 | 16 Jun 1998 | OM 3 | Electronic Money and Electronic Banking Activities |
BC/6/02 | 24 Jun 2002 | OM 3 | Risk Management Principles for Electronic Banking |
ODG/347/03 | 28 Sep 2003 | OM 4.2 | Succession Planning |
Public Disclosure Requirements (PD)
Circular Ref. | Date of Issue | Module Ref. | Circular Subject |
BC/10/97 | 3 Aug 1997 | PD 1.3 | Accounting and Auditing Standards for Islamic institutions |
BC/4/99 | 17 Mar 1999 | PD 1.3. | Public Disclosure |
no reference (partial) | Apr 1981 | PD 1.5 | Precious Metals and Commodities |
BMA/751/93 | 8 Jul 1993 | PD 1.1, PD 1.3, PD 1.4, PD 3.2 |
Directors' Interest in the Shares of, and the Unaudited Quarterly Financial Statements of, Locally Incorporated Banks Quoted on the Bahrain Stock Exchange. |
EDBC/782/93 | 17 Jul 1993 | PD 1.1 | The Interests of Directors, Chief Executive and Senior Managers in the Shares of Locally Incorporated Banks Quoted on the Bahrain Stock Exchange. |
BC/1/99 | 22 Feb 1999 | PD 2.2 | Enhancing Bank Transparency |
OG/73/02 | 17 Feb 2002 | PD 4.2 | Duty to Display Current Effective Rate of Interest |
ODG/247/2004 | 25 Jul 2004 | PD 4.2 | Consumer Finance |
OG/107/01 | 3 Mar 2001 | PD 4.3 | Disclosure of BD Interest Rates |
OG/425/94 | 21 Dec 1994 | PD 4.4 | Deposit Protection |
OG/423/93 | 28 Nov 1993 | PD 4.4.2 | Deposit Protection Scheme (the "Scheme") |
BS/10/2004 | 3 Aug 2004 | PD 5 | Public Disclosure via the Internet |
BC/20/1999 | 28 Sep 1999 | PD 2.2 | Enhancing Islamic Banks'Transparency |
Compensation (CP)
Circular Ref. | Date of Issue | Module Ref. | Circular Subject |
OG/423/93 | 28 Nov 1993 | CP 1 — CP 2 | Deposit Protection Scheme (the "Scheme") |
OG/425/94 | 21 Dec 1994 | CP 2.4 | Deposit Protection |
BMA Reporting Requirements (BR)
Circular Ref | Date ofIssue | Module Re | Circular Subject |
BC/4/99 (partial) | 17 Mar 1999 | BR 1.1, BR 3.1 | Annual Accounts for Islamic Banks for the Year Ending 31 December 1999 |
no reference | Apr 1981 | BR 1.1.4 | Precious Metals and Commodities |
BC/12/98 | 28 Sep 1998 | BR 1.1 | Accounting and Auditing Standards for Islamic Banks |
ODG/329/03 | 10 Sep 2003 | BR 1.1 | Corporate Governance Reporting |
EDBC/1/95 | 26 Aug 1995 | BR 1.2 | Provisioning Policies of Branches of Foreign Banks in Bahrain |
BC/1/99 | 22 Feb 1999 | BR 2.1 | Enhancing Banks' Transparency |
BC/ 20/1999 | 20 Sep 1999 | BR 3.1 | Enhancing Islamic Banks' Transparency |
BMA/751/93 (partial) | 8 Jul 1993 | BR 4.3 | Directors' Interest in the Shares of, and the Unaudited Quarterly Financial Statements of, Locally Incorporated Banks Quoted on the Bahrain Stock Exchange. |
BC/12/01 (partial) | 26 Nov 2001 | BR 3.1.10, BR 5.1.2 | The Monitoring and Control of Large Exposures of Banks Licensed by the Agency |
ER/118/98 | 2 Feb 1998 | BR 3.2, BR 4.1 | Revised Statistical Returns |
ER/247/98 | 22 Mar 1998 | BR 3.2, BR 4.1 | Revised Statistical Returns |
OG/89/88 | 30 Jun 1988 | BR 4.2 | Reserve Balances |
BC/904/95 partial) | 24 Jul 1995 | BR 5.1 | Notification to, and approval from the Agency for certain matters |
BC/309/94 | 28 Mar 1994 | BR 5.1 | Management Personnel |
BMA/1287/94 | 6 Nov 1994 | BR 5.1 | Foreign Exchange, Securities and Other Dealers |
BC/13/99 | 15 Jun 1999 | BR 5.1 | Compliance, Risk Management and Internal Controls |
EDBC/6/01 | 14 Oct 2001 | BR 5.1 | Re: Money Laundering Regulation |
EDBC/73/96 (partial) | 1 May 1996 | BR 5.1 | Explanatory note on the promotion of Banking and Financial Products offered in/from Bahrain by Means of Incentives etc. |
BMA(4)/91/832 | 22 Oct 1991 | BR 5.1.10 | Specimen Signatures |
ODG/145/92 | 18 Aug 1992 | BR 5.3 | New or expanded products and facilities in the Retail Banking Field |
BC/3/00 | 5 Mar 2000 | BR 5.3.3 | Re: Accounts for Charity Organisations |
BC/09/2001 | 26 Nov 2001 | BR1.1, BR 3.1, BR 5.2 | New Prudential Regulations for Islamic Banks |