أخبار الخليج
Source: أخبار الخليج
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Source: أخبار الخليج
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The Bahrain Clearing Company has announced the adoption of updated rules to regulate clearing, settlement, and depository operations in the Bahraini capital market, following approval from the Board of Directors and the Central Bank of Bahrain. These rules aim to enhance market infrastructure, improve operational efficiency, protect investors, align with international market standards, and unify clearing and settlement procedures according to a T+2 timeframe. They also seek to harmonize the local market with best global practices. The rules include an advanced risk management system, controls on liquidity and trading, procedures for managing defaults, as well as improvements in transparency and governance. The overall goal is to foster increased confidence and efficiency while supporting sustainable development of Bahrain’s financial market.
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