Rulebook for commercial licensees issued in Bahrain
The Bahrain Monetary Agency (BMA) has issued a new volume of its Rulebook for licensees, significantly upgrading its regulations for investment business firms. The new regulations, comprising Volume 4 of the BMA Rulebook, apply to investment firms only. Bank and insurance licencees come under previously issued volumes.
Volume 4 introduces a comprehensive and modern regulatory framework for investment business, in line with international standards. It clarifies which investment business activities require a license and further strengthens Bahrain’s position as a well-regulated financial centre.