Apparently, it's the season for corporate governance. The BIS has just released a consultative document on the topic. Text here.
The Central Bank of Bahrain is pretty well known for its practice of incorporating international standards into its regulations. It will be interesting to see how they deal with this development given the release yesterday of Bahrain's much labored over Corporate Governance Code (which applies to all joint stock companies in Bahrain not just those regulated by the CBB.
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