Fit and Proper Requirements
- FP-A: Introduction
- FP-1: Fit and Proper
- FP-2: CBB Approval Requirements
- FP-3: Other Requirements
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Appendix FP-1 Illustrative Qualifications and Core Competencies
- Board Director
- Chief Executive, Deputy CEO or equivalent
- Chief Financial Officer or equivalent
- Chief Risk Officer or equivalent
- Chief Internal Auditor or equivalent
- Compliance Officer or equivalent
- Money Laundering Reporting Officer (MLRO)
- Head of Internal Shari’a Audit Function
- Financial Advisor
- Head of Insurance/ Reinsurance Underwriting
- Signing Actuary – Insurance firms
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Appendix FP-2 – List of senior management positions/persons requiring CBB Approval
- A. Bahraini bank licensees
- B Insurance firms
- C Insurance brokers, insurance consultants, insurance aggregators and insurance exchanges
- D Investment firms
- E Money changers, financing companies, micro financing licensees, payment service providers, crowdfunding platform operators and trust service providers
- F Capital market licensees
- G Crypto asset licensees
- H Administrators, third party administrators, Sharia’ advisory/review services, account information service providers and payment initiation service providers
- I Branches of foreign licensees and representative offices
- Glossary