CBB Consultation on Revised Appointed Representative Requirements in Volume 3

Office of the Governor

OG/403/2022
30th November 2022

Chief Executive Officer
All Insurance Firms
Manama
Kingdom of Bahrain

Dear Sir/Madam,

Consultation: Revised Appointed Representative Requirements

As part of the Central Bank of Bahrain’s (CBB) objective to enhance its regulatory framework, the CBB is hereby proposing amendments to Chapter GR-9 requirements on “Appointed Representatives” of the General Requirements Module (Module GR) of the CBB Rulebook – Volume 3 to replace the existing Chapter GR-9 and to the definition of Appointed Representatives in the Glossary under Part B of the CBB Rulebook – Volume 3.

The proposed amendments 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 30th December 2022.

Yours faithfully,
Rasheed M. Al Maraj
Governor

cc: Bahrain Insurance Association External Audit Firms

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