Banking & Finance
Assure Consulting has supported CBB-licensed conventional and Islamic banks, and financing companies, for over two decades. We understand the CBB Rulebook, what examiners look for, and what boards and audit committees expect from an independent advisor.
Services for banks & financing companies
Risk-based internal audit delivered to IIA standards across retail, wholesale and treasury operations for conventional and Islamic banks.
Independent AML/CFT audits aligned to CBB Rulebook requirements, covering CDD, sanctions screening, transaction monitoring and STR filing.
Enterprise risk frameworks, credit and operational risk registers, and board-level risk reporting for licensed banking institutions.
Regulatory assignments commissioned or required by the Central Bank of Bahrain, including thematic reviews and remediation validation.
Personal Data Protection Law readiness for banks handling customer financial and KYC data, including breach-response planning.
Rapid diagnostic of governance, controls and operational effectiveness — useful ahead of a CBB inspection or board review.
Management information frameworks that give boards and ALCOs timely, accurate visibility into portfolio and liquidity performance.
Advisory support for financing companies and banks managing capital adequacy, NPL portfolios or regulatory-driven remediation.
Key CBB requirements for banks
The Central Bank of Bahrain sets detailed requirements for licensed banks across governance, audit, AML and data protection. Assure Consulting helps boards and management stay ahead of these obligations.
Governs conventional bank licensees — covers capital adequacy, liquidity, governance and conduct of business requirements.
Governs Islamic bank licensees, including Sharia governance and additional disclosure requirements for Islamic financial instruments.
Requires banks to maintain written AML policies, conduct periodic independent AML audits and report suspicious activity to the FIU.
Applies to all banks processing customer personal and financial data — includes consent, retention and breach notification obligations.
CBB requires licensed banks to maintain an independent internal audit function reporting directly to the board audit committee.
Working with a CBB-licensed bank or financing company?
Our partners have worked with Bahrain's banking sector for over two decades. We understand the regulatory environment and deliver directly — no junior-only teams.