RegAlert

Consultation · CBB · 31 Jan 2022

Proposed Resolution Pursuant to Legislative Decree No. 22 of 2021 on the Execution Law in Civil and Commercial Matters

disclosure

The Central Bank of Bahrain has issued a draft Resolution pursuant to Legislative Decree No. 22 of 2021 to implement the Execution Law in Civil and Commercial Matters across all licensed banks. Regulated entities must submit their feedback, including nil responses, in an editable format to the regulator’s consultation email by 31 January 2022. The proposed framework is publicly accessible on the CBB website and aims to strengthen Bahrain’s financial sector regulatory alignment.

BahrainCentral Bank of Bahrain

Office of the Governor

Central Bank of Bahrain

OG/35/2022
20th January 2022

Chief Executive Officer

All Banks
Kingdom of Bahrain

Dear Sir/Madam,

Consultation: Proposed Resolution pursuant to Legislative Decree No. 22 for the year 2021 in relation to issuing the Execution Law in Civil and Commercial Matters

As part of the Central Bank of Bahrain’s (“CBB”) efforts to further develop the financial sector in the Kingdom of Bahrain, the CBB is issuing for consultation a draft Resolution pursuant to Legislative Decree No. 22 for the year 2021 in relation to issuing the Execution Law in Civil and Commercial Matters (copy attached).

The proposed Resolution is also available on the CBB website (www.cbb.gov.bh) under the “open consultations” section.

The CBB requests all banks to submit their comments on this draft Resolution, including "nil comments", in an editable format to consultation@cbb.gov.bh by 31st January, 2022.

Yours faithfully,

Rasheed M. Al-Maraj
Governor

Bahrain Association of Banks

ص.ب: ٢٧، المنامة - مملكة البحرين
هاتف: (+973) 17547500 - فاكس: (+973) 17537799 P.O. Box: 27, Manama - Kingdom of Bahrain Tel: (+973) 17547500 - Fax: (+973) 17537799 website: www.cbb.gov.bh E-mail: governor@cbb.gov.bh

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Annotations and obligations
1 obligation · 3 definitions
  • Obligation 1
  • Definition / condition 3
  • background, boilerplate

Lineage

The documents this one cites, and the documents that cite it.

Legislative Decree No. 22Not in RegAlert · 2021Legislative Decree No. 22 — Not in RegAlert · 2021Proposed Resolution Pursuantto Legislative Decree No. 22 …2022-01-31 · this documentProposed Resolution Pursuant to Legislative Decree No. 22 of 2021 on the Execution Law in Civil and Commercial Matters (2022-01-31)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (1)
Issued under
  • Legislative Decree No. 22Not in RegAlert · 2021

    “Proposed Resolution pursuant to Legislative Decree No. 22 for the year 2021 in relation to issuing the Execution Law in Civil and Commercial Matters”

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