CBB Volume 5: Contents

Central Bank of Bahrain Volume 5—Specialised Licensees
Specific Modules (By Type of Licensee)
Type 3: Financing Companies
Part A
High Level Standards
HC Financing Companies High-level Controls Module
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HC-1.8.7

Where committees are set up, they should keep full minutes of their activities and meet regularly to fulfill their mandates. For larger licenseesG that deal with the general public, committees can be a more efficient mechanism to assist the main Board in its monitoring and control of the activities of the licenseeG . The establishment of committees should not mean that the role of the Board is diminished, or that the Board becomes fragmented.

January 2013
 Versions
(1 Version)
 
Jan 1 2013 onwards
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