Bahrain financial market to private sector management

Published March 16th, 2006 - 12:21 GMT
Al Bawaba
Al Bawaba

Bahrain Monetary Agency (BMA) has disclosed its bid to hand over the management of the Bahrain financial market to the private sector within three years. However, the BMA will be maintaining a supervision role, noted BMA Governor Rasheed Al-Miraaj.

 

The Bahraini official added the goal of this move was to ensure that the market operated under "high standards and organized laws and regulations."