23 Hrs
Source:
برلمان.كوم
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Morocco Implements New Bank Insolvency Law
Law No. 87.21 concerning the update of the legal framework for credit institutions and the status of Bank Al-Maghrib has come into force following its publication in the Official Gazette on August 10, 2026. This law aims to enhance the supervisory authorities' capacity for early intervention when signs of banking institutions’ distress appear and to reduce reliance on public funds for their rescue. It includes new measures to ensure the stability of the banking sector, with improved methods for intervention and prevention before financial crises occur.
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