RegAlert
2024-03-31

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Interest Rate Risk in the Banking Book (IR) Module

The Central Bank of Bahrain proposes a new Interest Rate Risk in the Banking Book Module to enhance its regulatory framework and establish compliance standards for conventional banks. The directive requires identified banks to adhere to Chapter IR-2 provisions, while all regulated entities must submit feedback or nil comments in an editable format by 31 March 2024. The proposed module will be published on the CBB website and integrated into Volume 1 of the CBB Rulebook upon finalization.

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Central Bank of Bahrain
مصرف البحرين المركزي

OG/17/2024
16th January 2024

Chief Executive Officer
All Conventional Banks
Manama
Kingdom of Bahrain

Dear Sir/ Madam,

Consultation: Interest Rate Risk in the Banking Book Module (Module IR)

As part of the CBB’s objective to enhance its regulatory framework, the CBB is proposing a new Interest Rate Risk in the Banking Book Module (Module IR) under CBB Rulebook – Volume 1.

In accordance with Paragraph IR-1.1.2 in the proposed Module, the CBB will communicate with the banks who are identified to comply with Chapter IR-2 of the Module.

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 31st March 2024.

Yours faithfully,
Rasheed M. Al-Maraj
Governor

cc: Bahrain Association of Banks
External Audit Firms

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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Source: Central Bank of Bahrain — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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