Regulatory Alerts2023-09-14
Amendments to Capital Adequacy Module (Module CA)
The Central Bank of Bahrain proposes amendments to Module CA Part 2 (Credit Risk) of its Rulebook, replacing Appendix CA-2 and introducing a new Appendix CA-24 to align with Basel III standards. These changes require all Bahraini conventional banks and audit firms to adjust their capital adequacy calculations and reporting frameworks accordingly. Stakeholders must submit written comments, including nil responses, in an editable format to the regulator by 14 September 2023.
Central Bank of Bahrain
مصرف البحرين المركزي
OG/253/2023
1st August 2023
Chief Executive Officer
All Bahraini Conventional Banks
Audit Firms
Manama
Kingdom of Bahrain
Dear Sir/ Madam,
**Consultation: Amendments to the Capital Adequacy Module (Module CA)**
As part of the Central Bank of Bahrain’s (CBB) initiatives to enhance its regulatory framework and to comply with the Basel Committee for Banking Supervision’s Basel III standards, the CBB is hereby proposing various amendments to Module CA Part 2: Credit Risk of the CBB Rulebook – Volume 1 and its appendices (the proposed Appendix CA-2 replaces the existing Appendix and Appendix CA-24 is a newly added appendix).
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 14th September 2023.
Yours faithfully,
Rasheed M. Al-Maraj
Governor
cc: Bahrain Association of Banks
هاتف · +٩٧٣ ١٧٥٤ ٧٠٠٠، فاكس · +٩٧٣ ١٧٥٤ ٧٠٠٠، ص.ب. ٢٧، 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
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