With universal (multifunctional) banking, prudential regulation is needed not only for core banking but for other activities like …?

The best practice of Convergence of banking regulation these days- is

Prudential regulation has mainly been triggered by financial crises. ?WHY?

The Vickers-Report recommendations are

The Volcker Rule targeting    

The Dodd-Frank Act  prohibited

Reasons for Prudential Regulation

Systemic risk arises from  

Wolfsberg principles refer to

Banking Ombudsman  to handle

COMPETITION(ANTITRUST) POLICY

Why is the Central Bank in a good place to regulate

One of  Legislative Techniques of Bank regulation  is  Enforcement which means

The powerful way to regulate the industry but it is only successful if:

Protective techniques- designed to forestall crises by reducing risks facing banks e.g. vetting the controllers, monitoring management of banks, capital adequency and liquidity standards and large exposure limits  .This statement is

Preventive techniques- provide support to banks once a crisis occurs e.g. deposit insurance schemes, bank rescue operations  and lender-of-the-last-resort facilities this statement is

Large exposure regulation  is  aimed  :

Why do we need to rescue banks?

Fear of excessive risk when core banking is combined with securities business  has led to different regulations

 Consolidated supervision means

All locally incorporated banks in the Kingdom of Bahrain are required to submit to the CBB their annual audited financial statements (in compliance with the provisions set out under Section BR-1.1)no later than 3 months from the end of the bank's financial year. In addition, these banks are also required to submit supplementary information (as listed under Section BR-1.1)to the CBB. This statements is