Region

Jurisdiction

Regulator

2023-08-17

Amendment to Financial Crime Module (FC)

The Central Bank of Bahrain proposes amendments to the Financial Crime Module (Module FC) governing companies under formation within Rulebook Volumes 1 and 2. Regulated entities must submit their feedback or nil comments in editable format to the regulator by 17 August 2023. These updates will be published on the Central Bank website and integrated into the national framework to strengthen financial crime compliance.

Bahrain

Central Bank of Bahrain

Central Bank of Bahrain  
مَحْكَمَةُ الْبَحْرَيْنِ الْمَلَكِيَّةُ

OG/260/2023  
3rd August 2023  

Chief Executive Officer  
All Retail Banks  
Manama  
Kingdom of Bahrain  

Dear Sir/ Madam,  

**Consultation: Amendments to Financial Crime Module (Module FC)**

As part of the Central Bank of Bahrain’s (CBB) objective to enhance its regulatory framework, the CBB is hereby proposing amendments to Module FC on companies under formation under the CBB Rulebook – Volumes 1 and 2.

The proposed amendments are attached and will be available on the CBB website (www.cbb.gov.bh) under the “open consultations” section.

The CBB requests you to provide your comments, including “nil comments” on the proposed amendments in an editable format to consultation@cbb.gov.bh by 17th August 2023.

Yours faithfully,  

Rasheed M. Al-Maraj  
Governor  

cc: Bahrain Association of Banks  
Audit Firms  
Law Firms  

هاتف: +973 1754 7000، +973 1754 7000 فاكس: +973 1753 7799، ص.ب 27، المنامة، مملكة البحرين  
T +973 1754 7500, +973 1754 7555, F +973 1753 7799, P.O. Box 27, Manama, Kingdom of Bahrain, www.cbb.gov.bh