Regulatory Alerts2017-08-17
Proposed Internal Audit Requirements Under the High Level Controls Module
The Central Bank of Bahrain proposes a new Section HC-6.5 to the High Level Controls Module, establishing updated internal audit rules for all licensed banks in the Kingdom. The regulator invites bank licensees, audit firms, and law firms to submit written or nil comments electronically regarding these proposed amendments. Submissions must be directed to the designated consultation email address by 17 August 2017.
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