2024-03-31
The Central Bank of Bahrain proposes a new Interest Rate Risk in the Banking Book Module to enhance its regulatory framework and establish compliance standards for conventional banks. The directive requires identified banks to adhere to Chapter IR-2 provisions, while all regulated entities must submit feedback or nil comments in an editable format by 31 March 2024. The proposed module will be published on the CBB website and integrated into Volume 1 of the CBB Rulebook upon finalization.