Regulatory Alerts2020-04-06
Consultation Paper: Secured Transactions Law
The Central Bank of Bahrain, coordinating with the Economic Development Board, has released a proposed draft Secured Transactions Law for stakeholder review. All licensees, audit firms, and law firms must submit their written feedback or nil comments electronically to the regulator by 6 April 2020. This consultation builds upon a March 2017 circular and provides the revised draft for public access on the CBB website.
# Executive Director - Banking Supervision
EDBS/KH/C/31/2020
23rd March 2020
---
## Chief Executive Officers
All Licensees
All Audit Firms
All Law Firms
Manama - Kingdom of Bahrain
---
Dear Sir,
### Consultation Paper: Secured Transactions Law
Further to circular EDBS/KH/C/31/2017 with regards to the consultation on the Draft Secured Transactions Law, the Economic Development Board is working in coordination with the CBB on developing a revised draft of the Secured Transactions Law in the Kingdom of Bahrain. The CBB is issuing this proposed draft for consultation and shall be available on the CBB website (www.cbb.gov.bh) under the “open consultations” section.
The CBB requests all licensees, Audit firms and Law firms to provide their comments, including ‘nil comments’ on the proposed Law.
Responses must be sent electronically to consultation@cbb.gov.bh, by 6th April 2020.
Yours faithfully,
Khalid Hamad
cc: Bahrain Association of Banks
---
**Central Bank of Bahrain**
ص.ب : ٢٧ - المنامة - مملكة البحرين
هاتف: (+973) 17565400 - فاكس: (+973) 17532605
P.O. Box : 27, Manama - Kingdom of Bahrain
Tel: (+973) 17547400 - Fax: (+973) 17532605
website: www.cbb.gov.bh
E-mail: khalid.hamad@cbb.gov.bh
Share