Revised High Level Controls Module (Module HC) Consultation

Central Bank of Bahrain
مَصْرُفُ البحرين المركزي

OG/233/2023
11th July 2023

Chief Executive Officer
All Insurance Licensees
Manama
Kingdom of Bahrain

Dear Sir/Madam,

Consultation: High Level Controls Module (Module HC)

As part of the CBB’s initiatives to further enhance its regulatory framework, the CBB is hereby proposing a revised High-Level Controls Module (Module HC) under the CBB Rulebook – Volume 3. The proposed requirements under the revised Module HC will replace the existing Module.

The proposed revised Module HC shall be 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 amendments in an editable format to consultation@cbb.gov.bh by 10th August 2023.

Yours faithfully,

Rasheed M. Al-Maraj
Governor

cc: Bahrain Insurance Association
External Audit Firms
Law Firms

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حَاتِفٌ: +973 1754 7000، فاكس: +973 1753 7799، ص.ب 27، 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