Regulatory Alerts2013-07-11
Second Consultation on Proposed Changes to Module CM for the Credit Grading and Classification System
The Central Bank of Bahrain proposes revisions to Module CM governing the credit grading and classification system, requiring all banks, financing companies, and audit firms to submit feedback by 11 July 2013. Respondents must complete a quantitative impact study form to help the regulator measure the financial effects of the updated provisioning requirements. The finalized consultation documents and impact study templates will be published on the CBB website for public access prior to implementation.
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