2015-05-20
Added · Updated
The Central Bank of Bahrain has issued the final amended Module PD to standardize Basel III capital disclosure requirements for all conventional bank licensees. Licensees must implement these additional public disclosures effective from their 30 June 2015 reporting results, with the changes formally integrated into Rulebook Volume 1. The finalized amendments and supporting appendices are publicly accessible on the regulator’s website alongside all material feedback comments.
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EDBS/KH/C/21/2015
20th May 2015
All Bahraini Conventional Bank Licensees
Manama
Kingdom of Bahrain
Dear Sir,
As you are aware, the Central Bank of Bahrain (CBB) issued a consultation on Module PD (Public Disclosure) in respect of Basel III composition of capital disclosure requirements on 11th December 2014.
As a result, the CBB is issuing today the final version of Module PD and Appendices after taking into consideration banks’ feedback. All Bahraini conventional bank licensees must comply with these additional disclosures effective from 30th June 2015 results. The amendments to Module PD will be incorporated into Rulebook Volume 1 in the July 2015 Rulebook update.
The amended Module PD and related Appendices are available on the CBB website (www.cbb.gov.bh) under the ‘finalised consultations’ section.
All material feedback comments on these consultation papers are being published on the CBB website under ‘finalised consultations’.
Thank you for your continued cooperation.
Yours faithfully,
Khalid Hamad
cc: Mr. Waheed Al Qasim, Bahrain Association of Banks All Bank Audit Firms
Central Bank of Bahrain
P.O. Box : 27, Manama - Kingdom of Bahrain
Tel: (+973) 17547400 - Fax: (+973) 17532605 website: www.cbb.gov.bh E-mail: khalid.hamad@cbb.gov.bh
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Source: Central Bank of Bahrain — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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