Skip to main content
Central Bank of Bahrain
menu
  • Home
  • Currency Museum
  • Rulebook
  • Contact
العربية Consumer Protection 17547789
Search
Skip to Navigation
Central Bank of Bahrain
  • About
    • About CBB
    • Board of Directors
    • Management
    • Fact Sheet
  • Media
    • Publications & Data
    • Media Center
    • Media Gallery
    • Media Kit
    • Events
  • Regulation
    • Laws & Regulations
    • Consultations
    • Licensing & Registration
    • Licensing Directory
    • Collective Investment Undertaking
    • Insurance
    • FinTech & Innovation
    • Compliance
    • Capital Markets
    • Financial Stability
  • Operations
    • Banking
    • Currency Issue
    • Payment & Settlement
    • Facilities & Interest Rates
    • Exchange Rates
    • Monetary Policy
    • Reserve Management Policy
    • Government Securities
    • IBAN Info
    • Official Holidays
    • Currency Museum
  • Consumers
    • Consumer Information
    • Deposit & URIA Protection Scheme
    • Making a Complaint
  • E-Services
    • Online Forms
    • API

Main navigation

  • Home
  • Laws
  • CBB Rulebook
  • CBB Capital Markets Regulations
  • BHB Material
  • View Recent Changes
  • Help
  • Search

CBB Rulebook: Contents

  • Common Volume
  • Central Bank of Bahrain Volume 1—Conventional Banks
    • Part A
    • Part B
    • Quarterly Updates
    • Ad-hoc Communications
    • Archived Part A
      • Introduction
      • High Level Standards
      • Business Standards
        • BC Business and Market Conduct
        • CA Capital Adequacy
        • CA Capital Adequacy (October 2007)
        • CA Capital Adequacy (April 2008)
        • CM Credit Risk Management
        • CM Credit Risk Management (June 2022)
        • OM Operational Risk Management [Versions from October 2007 to 31 December 2019]
          • OM-A Introduction
          • OM-B General Guidance and Best Practice
          • OM-1 International Guidance and Best Practice
          • OM-2 General Requirements
          • OM-3 Outsourcing
            • OM-3.1 Introduction
            • OM-3.2 Supervisory Approach
            • OM-3.3 Prior Approval Requests
            • OM-3.4 Risk Assessment
            • OM-3.5 Outsourcing Agreement
            • OM-3.6 Contingency Planning for Outsourcing Arrangements
            • OM-3.7 Internal Audit Outsourcing
              • OM-3.7.1
              • OM-3.7.2
              • OM-3.7.3
              • OM-3.7.4
            • OM-3.8 Intragroup Outsourcing
            • OM-3.9 Outsourcing of Functions Containing Customer Information
          • OM-4 Electronic Money and Electronic Banking Activities
          • OM-5 Business Continuity Planning
          • OM-6 Security Measures for Banks
          • OM-7 Books and Records
          • OM-8 Qualitative Aspects
        • OM Operational Risk Management
        • FC Financial Crimes
      • Prudential Requirements
      • Reporting Requirements
      • Enforcement & Redress
    • Archived Part B
  • Central Bank of Bahrain Volume 2—Islamic Banks
  • Central Bank of Bahrain Volume 3—Insurance
  • Central Bank of Bahrain Volume 4—Investment Business
  • Central Bank of Bahrain Volume 5—Specialised Licensees
  • Central Bank of Bahrain Volume 6—Capital Markets
  • Central Bank of Bahrain Volume 7—Collective Investment Undertakings
  • Bahrain Bourse (BHB) Material
  • Central Bank of Bahrain and Financial Institutions Law 2006
  • Bahrain Anti Money Laundering Law 2001
  • Regulation Governing Collective Investment Schemes June 2003
  • Bahrain Stock Exchange Law 1987
  • Bahrain Financial Trust Law 2006
  • Bahrain Insurance Law 1987
  • Bahrain Monetary Agency Law 1973
  • Commercial Companies Law 2001
  • CBB Disclosure Standards
  • CBB Debt Securities Guidelines
  • Ministerial Order — Money Laundering
  • CBB Resolution on Dissemination of Listed Companies' Financial Statements and Board of Directors' Meetings
  • CBB Regulations and Resolutions
  • The Corporate Governance Code of the Kingdom of Bahrain
  • Archive
Entire section Custom print Link Text Only Rich Text Print

Location:

Breadcrumb

  1. Central Bank of Bahrain Volume 1—Conventional Banks
  2. Archived Part A
  3. Business Standards
  4. OM Operational Risk Management [Versions from October 2007 to 31 December 2019]
  5. OM-3 Outsourcing
  6. OM-3.7 Internal Audit Outsourcing
  7. OM-3.7.4
  Versions

 
  • Oct 01 2007 - Dec 31 2010
  • Jan 01 2011
‹ OM-3.7.3 OM-3.8 Intragroup Outsourcing ›

OM-3.7.4

In all circumstances, Board and management of licensees must retain responsibility for ensuring that an adequate internal audit programme is implemented, and will be held accountable in this respect by the CBB.

Amended: January 2011
October 07
‹ OM-3.7.3 OM-3.8 Intragroup Outsourcing ›

CENTRAL BANK OF BAHRAIN

King Faisal Highway
Diplomatic Area
Block 317, Road 1702, Building 96
Manama
Kingdom of Bahrain

QUICK LINKS

  • Contact Us
  • General Enquiry
  • Complaints
  • Careers
  • Conditions of Use
  • Copyright
  • Disclaimer
  • Privacy Policy

FOLLOW US

CENTRAL BANK OF BAHRAIN © 2025