Manama, Sept. 17 (BNA): For a number of years, all Central Bank of Bahrain (CBB) licensees have been required to provide to the CBB non-financial information regarding their activities, controllers and approved persons.
Licensees have been providing this information on line by using the CBB’s institutional information system, also referred to as the IIS. Licensees must update the information provided at least on a quarterly basis or when a significant change occurs.
Based on the information provided by its licensees, the CBB is now making this information publicly available on the CBB website under the CBB Register. The information will provide greater transparency on the CBB licensees and activities. It also features a search engine that facilitates identifying approved persons and controllers of CBB licensees.
As the CBB information licensee is provided directly by the licensees, the CBB is not responsible for errors, omissions or inaccuracies in the information available on the CBB Website. It is therefore up to each licensee to ensure that the information provided on the CBB website is accurate and up to date.
The CBB is a firm proponent in transparency of all its licensees and believes that the enhanced facility provided on its website will be a valuable tool for the public.
I.Y.
BNA 0732 GMT 2015/09/17