Regulatory Alerts2025-11-10
Proposed Client Money Requirements
The Central Bank of Bahrain has issued a consultation proposing revised client money safeguarding requirements for Payment Service Providers and Crowdfunding Platform Operators. The proposal outlines three permissible safeguarding methods—trust or escrow accounts, regulated insurance coverage, and bank guarantees—and requests licensees to evaluate their practicality, operational costs, and fiduciary account controls. Licensees must submit written comments and completed questionnaire responses by 10 November 2025 to shape the final implementation of these updated rules.
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