Regulatory Alerts2016-03-13
Proposed Trusts Law
The Central Bank of Bahrain (CBB) has issued a draft of the proposed Trusts Law for public consultation. This proposed law aims to enhance the current Financial Trusts Law of 2006 by incorporating local, regional, and international trust law standards. The CBB invites comments from all banks, investment firms, trust service providers, fund administrators, auditing firms, and law firms, to be submitted electronically by March 13, 2016.
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