Proposed Revised High-Level Controls Module (HC Module)

Office of the Governor

OG/255/2022
18th July 2022

Chief Executive Officer
All Banks
Manama
Kingdom of Bahrain

Dear Sir/ Madam,

Consultation: Proposed Revised High-Level Controls Module (Module HC)

As part of the Central Bank of Bahrain’s (CBB) initiatives to further enhancing its regulatory framework, the CBB is hereby proposing a revised High-Level Controls Module (Module HC) under the CBB Rulebook - Volumes 1 and 2. The proposed requirements under the revised Module HC will replace the existing Module.

The proposed revised Module will 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 requirements in an editable format to consultation@cbb.gov.bh by 31st August 2022.

Yours faithfully,

Rasheed M. Al-Maraj
Governor

cc: Bahrain Association of Banks
External Auditors

ص.ب : ٢٧، المنامة - مملكة البحرين
هاتف: (+973) 1752700 - فاكس: (+973) 17537799 P.O. Box : 27, Manama - Kingdom of Bahrain Tel: (+973) 17547500 - Fax: (+973) 17537799 website: www.cbb.gov.bh E-mail: governor@cbb.gov.bh