Central Banking

Central Bank of Bahrain upgrading market infrastructure

Central bank is ‘establishing a disclosure and corporate governance-based monitoring framework’

central-bank-of-bahrain
Central Bank of Bahrain

The Central Bank of Bahrain is enhancing its supervision of listed companies by "establishing a disclosure and corporate governance-based monitoring framework", governor Rasheed Al Maraj announced yesterday.

In its opening remarks at the Federation of Exchanges Equities Summit 2015 in Manama, Al Maraj said the central bank is "in the process of upgrading the exiting clearing and settlement, central depository and central registry frameworks as well as market intermediary supervisory functions."

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