Region

Jurisdiction

Regulator

2023-08-21

Family Office Module (FO)

The Central Bank of Bahrain proposes a new Family Offices Module to establish licensing and operational requirements for family office services under Rulebook Volume 4. Regulated entities, including investment firms and trust service providers, must submit written or nil comments in editable format by 21 August 2023. The finalized framework will standardize compliance obligations and be published on the regulator’s official website for immediate implementation.

Bahrain

Central Bank of Bahrain

Central Bank of Bahrain  
مصرف البحرين المركزي

OG/235/2023  
24th July 2023

Chief Executive Officer  
All Investment Firms  
Trust Service Providers  
Audit Firms  
Law Firms  
Manama  
Kingdom of Bahrain

Dear Sir/ Madam,

**Consultation: Family Offices Module (FO)**

As part of the CBB’s objective to further enhance its regulatory framework, the CBB is hereby proposing a new Family Offices Module (Module FO) for a license offering family office services under CBB Rulebook, Volume 4.

The proposed Module shall 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 Module in an editable format to consultation@cbb.gov.bh by 21st August 2023.

Yours faithfully,

Rasheed M. Al Maraj  
Governor

هاتف ··٠٧٥١ ٣٧٩٢+، ٠٠٠٧٥١ ٣٧٩٢+، فاكس ٩٤٧٧ ٣٥١٢+، 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