AU-3.3.1

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Past version: Effective from 01 Oct 2007 to 31 Dec 2010
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Islamic bank licensees must arrange for their external auditors to review the bank's compliance with applicable laws and declare, in the auditors report, that no material violations of the following laws and regulations have taken place:

(a) The Bahrain Commercial Companies Law of 2001;

(b) The CBB Law 2006; and

(c) The CBB's licensing conditions, and other rules contained in Volume 2 of the CBB Rulebook.

October 07