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List of Circulars

List of Circulars included in Respective Modules

Business and Market Conduct (BC)

Circular Ref. Date of Issue Module Ref. Circular Subject
EDBC/73/96 1 May 1996 BC 1.1 Explanatory note on the promotion of Banking andFinancial Products offered in/from Bahrain by Means of Incentives etc.
BS.C7/91/442 10 Sep 1991 BC 1.1 Promotion of Banking Services
85/25 2 May 1985 BC 2 Code of Conduct for Foreign Exchange Dealers and Brokers
83/5 10 Apr 1983 BC 3 Disclosure of Information about Individual Accounts
BS/11/2004 10 Aug 2004 BC 4.1 Savings Accounts
EDBO/51/02 2 Apr 2002 BC 4.2 Charges to Customers
BC/5/00 8 Mar 2000 BC 4.3 Accounts held for Clubs and Societies in Bahrain
BS.D(111)/94/1507 24 Sep 1994 BC 4.4 Fees on Current Accounts
BC/2/01 3 Mar 2001 BC 4.5 Brokerage Fees in Bahrain
ODG/145/92 18 Aug 1992 BC 4.6 New or expanded products and facilities in the Retail Banking Field
EDBO/46/03 8 Apr 2003 BC 4.7 Inheritance — Financial Procedures
EDBO/27/96 25 Sep 1996 BC 5.1 Regulation Relating to a Penalty System for "Dishonored Cheques"
OG/399/94 28 Nov 1994 BC 5.2 Returned Cheques
EDBO/49/01 6 May 2001 BC 5.3 Penalty Charges on Returned Cheques
BC/8/98 24 May 1998 BC 6.1 Off-site ATMs
EDBO/45/02 13 Mar 2002 BC 6.2 GCC ATM Network Charges
EDBC/105/96 19 May 1996 BC 7.1 Minimum Terms for Mudaraba Contracts

Capital Adequacy (CA)

Circular Ref. Date of Issue Module Ref. Circular Subject
BC/09/2001 26 Nov 2001 CA 1 — CA 9 PIRI Regulations
BC/01/98 10 Jan 1998 CA 2.5 Risk Assets Ratio
OG/78/01 20 Feb 2001 CA 2.5 Monitoring of Capital Adequacy

High Level Controls (HC)

Circular Ref. Date of Issue Module Ref. Circular Subject
EDBS/... /04
(Consultative Paper)
24 Feb 2004 HC 1 High Level Controls Requirements for Banks - Enhancing Corporate Governance
BC/23/99 8 Nov 1999 HC 1 'Enhancing Corporate Governance in Banking Organisations'
BC/904/95 24 Jul 1995 HC 1.6 Notification to, and approval from the Agency for certain matters
BC/11/98 27 Jul 1998 HC 2 Terms and Definitions Applying to the Management of Banks and Financial Institutions
BC/8/00 24 May 2000 HC 2 Controllers of, and holdings and transfers of significant ownership or controlling interests in, Agency licensees
BC/13/99 15 Jun 1999 HC 3 Compliance, Risk Management and Internal Controls
BMA/1287/94 6 Nov 1994 HC 4 Foreign Exchange, Securities and Other Dealers
BC/09/2001 26 Nov 2001 HC PIRI Regulations

Licensing and Authorisation Requirements (LR)

Circular Ref. Date of Issue Module Ref. Circular Subject
5/77 8 Mar 1977 LR B-1.1, LR 3.3 Permitted Business Transactions with Residents
OG/16/90 10 Jan 1990 LR 2.3, LR 3.3 'no subject'
OG/192/98 16 Jun 1998 LR 4 Financial Trust Regulation no reference Apr 1981 LR 5 Precious Metals and Commodities
BS/07/04 6 May 2004 LR 5 Record Keeping Arrangements

Audit Firms (AU)

Circular Ref. Date of Issue Module Ref. Circular Subject
BC/5/82 5 Aug 1982 AU 1.1 Approval of Appointment of Auditors
ODG/59/99 15 Jul 1999 AU 1.1 — AU 1.2 Audit Partners of External Auditors and Reporting Accountants of Locally Incorporated Banks
ODG/162/03 21 May 2003 AU 1.4, AU 2.2 Outsourcing
BS/9/03 14 Sep 2003 AU 1.5 Operational Risk Management
BC/1/97 12 Feb 1997 AU 1.6 Request for Approval for Dividend Distribution
14/86 19 Jun 1986 AU 2.1 Auditors' Relationship with Supervisors
BMA/751/93 8 Jul 1993 AU 3.2.2 Directors' Interest in the Shares of, and the Unaudited Quarterly Financial Statements of, Locally Incorporated Banks Quoted on the Bahrain Stock Exchange.
BC/1/99 22 Feb 1999 AU 3.3 Enhancing Bank Transparency
EDBC/6/01 14 Oct 2001 AU 3.4 Money Laundering Regulation
BC/4/99 17 Mar 1999 AU 3.7 Accounts for the Year Ending 31 December 1999
BC/6/97 21 Apr 1999 AU 4 Reporting Accountants

Credit Risk Management (CM)

Circular Ref. Date of Issue Module Ref. Circular Subject
BC/117/95 1 Feb 1995 CM 1 — CM 2 Risk Management
OG/127/01 18 Mar 2001 CM 2.3 Developing a Sound Credit Culture
EDBC/1/95 26 Aug 1995 CM 3 Provisioning Policies of Branches of Foreign Banks in Bahrain
OGD/27/88 9 Feb 1988 CM 3.4 Provisions Against Country Debt
EDBC/178/96 5 Oct 1996 CM 5 Islamic Facilities
BC/09/2001 26 Nov 2001 CM 4, CM 8 PIRI Framework
EDBC/128/96 4 Aug 1996 CM 5 Staff Loans
OG/45/88 13 Mar 1988 CM 1, CM 6 Write-Off — Credit Facility
ODG/247/2004 25 Jul 2004 CM 7 Consumer Finance
EDBC/105/96 26 Jun 1996 CM 8 Mudaraba Contracts — Minimum terms and Conditions
BC/3/98 21 Feb 1998 CM B-2 Basel Committee on Banking Supervision Framework for the Evaluation of Internal Controls Systems

Financial Crimes (FC)

Circular Ref. Date of Issue Module Ref. Circular Subject
BC/17/97 10 Nov 1997 FC B-1 Money Laundering
OG/308/89 14 Oct 1989 FC B-1 Money Laundering
EDBC/6/01 14 Oct 2001 FC 1, FC 4, FC 7 Re:Money Laundering Regulation
BC/1/02 27 Jan 2002 FC 3 FATF Special Recommendations on Terrorism Financing
BC/3/00 5 Mar 2000 FC 5 Re: Accounts for Charity Organisations
OG/423/01 1 Oct 2001 FC 8 UN Security Council Resolution 1373 (2001)

Operational Risk Management (OM)

Circular Ref. Date of Issue Module Ref. Circular Subject
BS/9/03 14 Sep 2003 OM 1 Operational Risk Management
ODG/162/03 21 May 2003 OM 2 Outsourcing
BC/9/98 16 Jun 1998 OM 3 Electronic Money and Electronic Banking Activities
BC/6/02 24 Jun 2002 OM 3 Risk Management Principles for Electronic Banking
ODG/347/03 28 Sep 2003 OM 4.2 Succession Planning

Public Disclosure Requirements (PD)

Circular Ref. Date of Issue Module Ref. Circular Subject
BC/10/97 3 Aug 1997 PD 1.3 Accounting and Auditing Standards for Islamic institutions
BC/4/99 17 Mar 1999 PD 1.3. Public Disclosure
no reference (partial) Apr 1981 PD 1.5 Precious Metals and Commodities
BMA/751/93 8 Jul 1993 PD 1.1, PD 1.3,
PD 1.4, PD 3.2
Directors' Interest in the Shares of, and the Unaudited Quarterly Financial Statements of, Locally Incorporated Banks Quoted on the Bahrain Stock Exchange.
EDBC/782/93 17 Jul 1993 PD 1.1 The Interests of Directors, Chief Executive and Senior Managers in the Shares of Locally Incorporated Banks Quoted on the Bahrain Stock Exchange.
BC/1/99 22 Feb 1999 PD 2.2 Enhancing Bank Transparency
OG/73/02 17 Feb 2002 PD 4.2 Duty to Display Current Effective Rate of Interest
ODG/247/2004 25 Jul 2004 PD 4.2 Consumer Finance
OG/107/01 3 Mar 2001 PD 4.3 Disclosure of BD Interest Rates
OG/425/94 21 Dec 1994 PD 4.4 Deposit Protection
OG/423/93 28 Nov 1993 PD 4.4.2 Deposit Protection Scheme (the "Scheme")
BS/10/2004 3 Aug 2004 PD 5 Public Disclosure via the Internet
BC/20/1999 28 Sep 1999 PD 2.2 Enhancing Islamic Banks'Transparency

Compensation (CP)

Circular Ref. Date of Issue Module Ref. Circular Subject
OG/423/93 28 Nov 1993 CP 1 — CP 2 Deposit Protection Scheme (the "Scheme")
OG/425/94 21 Dec 1994 CP 2.4 Deposit Protection

BMA Reporting Requirements (BR)

Circular Ref Date ofIssue Module Re Circular Subject
BC/4/99 (partial) 17 Mar 1999 BR 1.1, BR 3.1 Annual Accounts for Islamic Banks for the Year Ending 31 December 1999
no reference Apr 1981 BR 1.1.4 Precious Metals and Commodities
BC/12/98 28 Sep 1998 BR 1.1 Accounting and Auditing Standards for Islamic Banks
ODG/329/03 10 Sep 2003 BR 1.1 Corporate Governance Reporting
EDBC/1/95 26 Aug 1995 BR 1.2 Provisioning Policies of Branches of Foreign Banks in Bahrain
BC/1/99 22 Feb 1999 BR 2.1 Enhancing Banks' Transparency
BC/ 20/1999 20 Sep 1999 BR 3.1 Enhancing Islamic Banks' Transparency
BMA/751/93 (partial) 8 Jul 1993 BR 4.3 Directors' Interest in the Shares of, and the Unaudited Quarterly Financial Statements of, Locally Incorporated Banks Quoted on the Bahrain Stock Exchange.
BC/12/01 (partial) 26 Nov 2001 BR 3.1.10, BR 5.1.2 The Monitoring and Control of Large Exposures of Banks Licensed by the Agency
ER/118/98 2 Feb 1998 BR 3.2, BR 4.1 Revised Statistical Returns
ER/247/98 22 Mar 1998 BR 3.2, BR 4.1 Revised Statistical Returns
OG/89/88 30 Jun 1988 BR 4.2 Reserve Balances
BC/904/95 partial) 24 Jul 1995 BR 5.1 Notification to, and approval from the Agency for certain matters
BC/309/94 28 Mar 1994 BR 5.1 Management Personnel
BMA/1287/94 6 Nov 1994 BR 5.1 Foreign Exchange, Securities and Other Dealers
BC/13/99 15 Jun 1999 BR 5.1 Compliance, Risk Management and Internal Controls
EDBC/6/01 14 Oct 2001 BR 5.1 Re: Money Laundering Regulation
EDBC/73/96 (partial) 1 May 1996 BR 5.1 Explanatory note on the promotion of Banking and Financial Products offered in/from Bahrain by Means of Incentives etc.
BMA(4)/91/832 22 Oct 1991 BR 5.1.10 Specimen Signatures
ODG/145/92 18 Aug 1992 BR 5.3 New or expanded products and facilities in the Retail Banking Field
BC/3/00 5 Mar 2000 BR 5.3.3 Re: Accounts for Charity Organisations
BC/09/2001 26 Nov 2001 BR1.1, BR 3.1, BR 5.2 New Prudential Regulations for Islamic Banks
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