DS-2.1.2

Past version: Effective from 01 Jul 2018 to 30 Jun 2021
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Bahraini Islamic bank licensees must engage in an annual simulation and scenario exercise to assess whether the RRPs are feasible and credible. The Board must approve any changes to RRPs resulting from such exercise. The results of such annual exercise and changes required to the RRPs, if any, must be reported to the CBB by the end of 4 months from financial year end.

July 2018