Legal Framework

New regulations from the Central Bank of Bahrain that seek to target the marketing of unauthorised financial services have recently been introduced. This new regulation is intended not only to regulate all the financial services and products that are offered in Bahrain, but also to safeguard the interests of the foreign financial institutions who wish to offer or market financial products and services. A new labour law conforms more closely to international standards and is generally seen as expanding the rights of employees. This chapter contains a viewpoint with Qays H Zu’bi, Senior Partner, Zu’bi & Partners.