Regulatory Alerts2022-02-10
Caps on Fees and Charges for Microfinance Institutions
The Central Bank of Bahrain has proposed new regulatory caps on fees and charges for standard services provided by Microfinance Institutions. These limits will be formally integrated into the Business and Market Conduct Module as Appendix BC-3 within Volume 5 of the CBB Rulebook. All affected institutions must submit their written feedback, including nil responses, electronically by 10 February 2022.
# Office of the Governor
## Central Bank of Bahrain
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**OG/16/2022**
**11<sup>th</sup> January 2022**
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**Chief Executive Officer**
All Microfinance Institutions
Manama
Kingdom of Bahrain
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Dear Sir/ Madam,
## Consultation: Caps on Fees and Charges for Standard Services
As part of the CBB’s objective to further enhance its regulatory framework, the CBB is hereby proposing new caps on fees and charges for certain standard services provided by Microfinance Institutions to be added under the Business and Market Conduct Module (Module BC) as a new Appendix ‘BC-3’ under Part B of CBB Rulebook Volume 5 (Specialised Licensees).
The proposed caps on fees and charges shall be available on the CBB website (www.cbb.gov.bh) under the “Open Consultations” Section.
The CBB requests all Microfinance Institutions to provide their comments, including “nil comments’ on the proposed caps.
Responses must be sent electronically, in an editable format, to **consultation@cbb.gov.bh**, by 10<sup>th</sup> February 2022.
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Yours faithfully,
**Rasheed M. Al-Maraj**
Governor
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Cc: External Audit Firms
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**ص.ب : ٢٧، المنامة - مملكة البحرين**
**هاتف : (+973) 17065700 - فاكس: (+973) 17057744**
P.O. Box : 27, Manama - Kingdom of Bahrain
Tel: (+973) 17547500 - Fax: (+973) 17537799
website: www.cbb.gov.bh
E-mail: governor@cbb.gov.bh
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