Regulatory Alerts2014-04-23
Proposed Investment Limited Partnerships Law
The Central Bank of Bahrain has published industry comments on its proposed Investment Limited Partnerships Law, introducing a new legal structure for Collective Investment Undertakings. The framework defines the liability, capital commitments, and management authority of general and limited partners while allowing existing Category 1 and 2 investment companies to act as general partners without establishing separate licensed entities. Regulatory responses to stakeholder feedback finalize key operational requirements, including partnership agreement filings, registered office locations, naming restrictions, and insolvency procedures.
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