Regulatory Alerts2014-10-02
Industry Comments on the Proposed Protected Cell Companies Law
The Central Bank of Bahrain addresses industry stakeholder feedback on its proposed Protected Cell Companies Law by clarifying key definitions, regulatory procedures, and asset segregation requirements. The regulator confirms that detailed operational rules, including registration processes, consent mechanisms, and appeal procedures, will be established through implementing regulations rather than the primary legislation. This framework enables existing and newly incorporated Bahraini entities to operate as Protected Cell Companies for investment funds, insurance captives, and securitization while maintaining strict liability separation between core assets and individual cells.
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