VOL. XLIV

No. 24

11-June-2001

BANKING

BMA Governor Challenges Traditional Approach To Financial Regulatory Regime

Given the experience of recent times, the traditional approach to the regulation and supervision of financial institutions, under which governments delegated responsibility to external bodies, notably their respective central banks, is now considered an over-simplification, according to the Governor of the Bahrain Monetary Agency (BMA), Shaikh Ahmad bin Muhammad Al Khalifah. Speaking...