Bahrain's governor appoints new adviser

Rasheed Al-Maraj, the governor of the Central Bank of Bahrain, has appointed Michael Taylor, a former head of banking policy at the Hong Kong Monetary Authority (HKMA), as his adviser.

"Bahrain is the leading financial centre in the Gulf and a world-leading centre for Islamic finance," Taylor told Central Bank News. "The central bank has established a reputation as an effective regulator with a policy of adhering closely to international standards and best practices. I am very much looking

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