Exposures (both on and off-balance sheet) to all connected counterparties of Bahraini Islamic bank licensees listed below, when taken together, may not exceed 25 percent of the Total consolidated capital. Where any of these limits have been exceeded, the excess amount must be risk-weighted at 800 percent.
| Connected Counterparties |
Individual Limit |
Aggregate Limit |
| Controllers and their close family members as defined in IFRS, and Board members, senior management and key staff of the controller, the controller’s appointed Board representatives, subsidiaries and associated companies of controllers including their Board members, senior management and key staff |
0% |
0% |
| Approved persons (and their close family members as defined in IFRS) and members of the SSB |
10% |
25% |
| Associated companies not mentioned hereinabove, other connected counterparties not mentioned above, and unconsolidated subsidiaries |
15% |
| Total (including senior management and others) |
25% |
Added: June 2022
