HC-A.2.3 [versions up to January 2011]
A list of recent changes made to this Module is detailed in the table below:
| Module Ref. | Change Date | Description of Changes |
| HC-1.1 | 01/07/05 | Clarification of Board approval required. |
| HC-2.2 | 01/10/05 | Corrected numbering of Paragraph. |
| HC-4.1 | 01/10/05 | Reordered Paragraphs for better flow of rules. |
| HC-A.1.3 | 01/2007 | New Rule introduced, categorizing this Module as a Directive. |
| HC-B.1.2 | 01/2007 | Clarified that overseas insurance licensees must also comply with the provisions of Paragraph HC-3.4.3 (compliance officer). |
| HC-1.2.3 and 1.2.6 | 01/2007 | Clarified rules for Board composition for Bahraini insurance licensees, other than insurance firms. |
| HC-1.2.15 | 07/2008 | Clarified board composition. |
| HC-1.2.16 | 07/2008 | Added a new Paragraph dealing with limits on number of directorships held. |
| HC-3.1.2A | 04/2010 | Added requirements for Managing Director. |
| HC-3.4.4 | 04/2010 | Clarified that the compliance function may not be combined with the internal audit function or any operational function as they are incompatible and may create a conflict of interest. |