Regulatory Alerts2018-01-30
CBB Consultation on Draft Insolvency Law
The Central Bank of Bahrain requests feedback from licensees, listed companies, law firms, and audit firms on its Draft Insolvency Law. The proposed legislation, currently reviewed by the Legislation and Legal Opinion Commission, is published on the regulator’s website for public input. Submissions must be sent electronically in an editable format to consultation@cbb.gov.bh by 30 January 2018.
المركز التنفيذي للرقابة المصرفية
Executive Director - Banking Supervision
EDBS/KH/C/2/2018
16th January 2018
Chief Executive Officer
All CBB Licensees
All Listed Companies
All Law Firms
All Audit Firms
Manama, Kingdom of Bahrain
Dear Sir,
**Consultation: Draft Insolvency Law**
This is with reference to the draft Insolvency Law, currently being reviewed by the Legislation and Legal Opinion Commission (LLOC) in coordination with the relevant authorities.
The proposed law shall be available on the CBB website (www.cbb.gov.bh) under the “open consultations” section.
The CBB requests all licensees, all listed companies, all law firms, and all audit firms to provide their feedback in this regard.
Responses must be sent electronically, in an editable format, via email to “consultation@cbb.gov.bh”, by 30th January 2018.
Yours faithfully
Khalid Hamad
Cc: Bahrain Association of Banks
مصرف البحرين المركزي
Central Bank of Bahrain
ص.ب: ٢٧، المنامة - مملكة البحرين
هاتف : (+٩٧٣) ١٧٥٤٧٤٠٠ - فاكس: (+٩٧٣) ١٧٥٢٦٠٥
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
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