VOL. XLVI

No 19

12-May-2003

BAHRAIN

REGIONAL BANKING

BMA Finalizing New Regulatory Law For Financial Industry

A proposed new law to regulate Bahrains financial industry and change the Bahrain Monetary Agencys (BMA) name to the Central Bank of Bahrain to reflect its expanded role is being finalized, Shaikh Ahmad bin Muhammad Al Khalifa, Governor of the Bahrain Monetary Agency (BMA), announced on 6 May. A draft of the new law is awaiting presentation to Bahrains cabinet, after which it will go...