Where older records have been archived, or in the case of records relating to overseas branches of Bahraini Islamic banks, the CBB may accept that records be accessible within a reasonably short time frame (e.g. within 5 business days), instead of immediately. The CBB may also agree similar arrangements for overseas Islamic banks, as well as Bahraini Islamic banks, where elements of record retention and management have been centralised in another group company, whether inside or outside of Bahrain.
October 07