RegAlertConsultation · CBB · 27 Feb 2020
Draft Unified GCC Law on Commercial Security
The Central Bank of Bahrain requests feedback from retail banks and financing companies on the Secretariat General of the GCC’s draft Unified Law on Commercial Security. Submissions must be sent electronically in an editable format to consultation@cbb.gov.bh by 27 February 2020, including explicit nil responses. This consultation process finalizes the regulatory framework designed to standardize commercial security arrangements and accelerate economic integration across GCC member states.
الإِدَارَةُ التَّنْفِيذِيَّةُ لِلرِّقَابَةِ الْمَجَازِيَّةِ Executive Director - Banking Supervision
EDBS/KH/C/14/2020
20th February 2020
مَحْفُوظٌ الْبَحْرِينِ المَركزي Central Bank of Bahrain
Chief Executive Officers
All Retail Banks
All Financing Companies
Manama
Kingdom of Bahrain
Dear Sir,
Consultation Paper: Draft Unified GCC Law on Commercial Security
As a part of its on-going efforts to further strengthen the economic integration of the GCC countries, the Secretariat General of the GCC is currently discussing a draft Unified GCC Law on Commercial Security. The CBB will display the draft law on its website (www.cbb.gov.bh) under the consultation section.
You are kindly requested to review the draft Law to provide the CBB with your comments, including ‘nil comments’. Responses must be sent electronically, in an editable format, to consultation@cbb.gov.bh by 27th February, 2020.
Yours faithfully,
Khalid Hamad
cc: Bahrain Association of Banks
ص.ب : ٢٧، المَنَامَة - مملكة البحرين هاتف : (+٩٧٣) ١٧٥٤٧٤٠٠ - فاكس : (+٩٧٣) ١٧٥٣٢٦٠٥ P.O. Box : 27, Manama - Kingdom of Bahrain Tel: (+973) 17547400 - Fax: (+973) 17532605 website: www.cbb.gov.bh E-mail: khalid.hamad@cbb.gov.bh
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Source: Central Bank of Bahrain — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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