Regulatory Alerts2025-01-12
Proposed Netting Law
The Central Bank of Bahrain proposes a new Netting Law based on the ISDA Model Netting Act to replace its 2014 close-out netting regulation for market contracts. This legislative update standardizes legal protections for financial institutions and clarifies the enforceability of netting agreements across licensed entities. Regulated licensees, audit firms, and law firms must submit their written feedback, including nil comments, in an editable format by 12 January 2024.
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