Regulatory Alerts2016-04-27
Volume 2 Module PD and Composition of Capital Disclosure Requirements
The Central Bank of Bahrain finalized amendments requiring Islamic retail and wholesale licensees to disclose comprehensive capital composition, securitisation exposures, and market risk metrics. The updated Module PD clarifies disclosure placement between websites and annual reports, mandates soft-copy submissions with a four-month deadline, and standardizes definitions for approved persons and sponsors. The framework also removes redundant exemption clauses while aligning comprehensive income statements with AAOIFI and IFRS reporting standards.
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