Regulatory Alerts2023-10-03
Draft Resolution on Regulating Security Rights over Accounts at Financial Institutions and Eligible Securities
The Central Bank of Bahrain has issued a draft resolution to regulate security rights over financial institution accounts and eligible securities under the Secured Transactions Law. The regulator requires all addressed licensees, listed companies, audit firms, and law firms to submit their feedback, including nil responses, in editable format by 3 October 2023. Stakeholders may review the full proposal on the CBB website and direct their submissions to the designated consultation email address.
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