Regulatory Alerts2023-10-19
Proposed Amendments to the Takeovers, Mergers and Acquisitions Module (Module TMA)
The Central Bank of Bahrain proposes amendments to Section TMA-2.2 of its Takeovers, Mergers and Acquisitions Module to update independent advice and shareholder approval procedures. All CBB licensees, listed companies, and self-regulatory organisations must submit written feedback, including nil comments, in editable format by 19 October 2023. The regulator will publish the final amendments on its website after reviewing stakeholder responses.
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