IFSB Exposure Draft on Guiding Principles on Liquidity Risk

الإِدَارَةُ التَّنْفِيذِيَّةُ لِلرِّقَابَةِ الْمَجْهُوْرِيَّةِ Executive Director - Banking Supervision

EDBS/KH/0376/2011
20th November, 2011

مَعْرِفَةُ الْبَحْرَيْنِ الْمَلَكِيَّة Central Bank of Bahrain

---

Chief Executive Officers
All Islamic Banks
Manama
Kingdom of Bahrain

Dear Sirs,

Islamic Financial Services Board (IFSB) Issues New Exposure Draft on Guiding Principles on Liquidity Risk

The IFSB issued the above paper in October 2011 for public consultation. The full text is available on the IFSB website (http://www.ifsb.org).

The Central Bank of Bahrain requests that all concerned banks and other parties review this paper as it will have material implications for banks if it is adopted. Please send your comments to the undersigned by 25th December 2011 so that the CBB may prepare a summary reply for submission to the IFSB by the January 2012 deadline. The replies may also be copied to the IFSB.

Yours faithfully,

Khalid Hamad
Executive Director of Banking Supervision

cc: All Local Audit Firms rge/

---

ص.ب: ٧٧، المنامة - مملكة البحرين هاتف: (+973) 1758400 - فاكس: (+973) 17532605 P.O. Box : 27, Manama - Kingdom of Bahrain Tel: (+973) 17547400 - Fax: (+973) 17532605 website: www.cbb.gov.bh E-mail: khalid.hamad@cbb.gov.bh