Regulatory Alerts2026-06-01
CBB Draft Resolutions Pursuant to Law No. (23) of 2025 Amending Provisions of the Law of Commerce
The Central Bank of Bahrain has issued draft resolutions under Law No. 23 of 2025 to regulate partial cheque payments via the Partial Cheque Payment System and standardize credit reporting procedures for returned cheques in the Bahrain Credit Reference Bureau. Retail banks and the BENEFIT Company must electronically review these proposals and submit their feedback, including nil comments, by 1 June 2026. The updated framework will streamline cheque clearance operations and improve the accuracy of consumer credit records across the financial sector.
Share