Bahrain Bourse Receives Positive Feedback on ‘Listing Rules’ Consultation Paper

Tuesday, June 26, 2018
As part of the Bahrain Bourse’s continuous efforts to develop the capital market in the Kingdom, and based on CBB Resolution No. (11) of 2018, Bahrain Bourse (BHB) announces  the completion of its public consultation on the ‘Listing Rules’ which was disclosed last month in order to receive the views and comments of all stakeholder groups within the capital markets prior to the implementation of the new Listing Rules. 

During the consultation period, Bahrain Bourse received positive feedback from various stakeholders and is now in the process of reviewing and consolidating the feedback and comments received.  The final Listing Rules will be published after obtaining the relevant approvals from the Central Bank of Bahrain (CBB).
 
The Chief Executive of Bahrain Bourse Shaikh Khalifa bin Ebrahim Al Khalifa said, “The introduction of the new Listing Rules goes in line with BHB’s implementation of the self-regulatory organization (SRO) model which will enhance the regulatory and supervisory role of Bahrain Bourse and in return enhance its competitiveness to attract further listings to contribute to the development of the economy in the Kingdom of Bahrain.”
 
 “We would like to express our sincere gratitude and thanks to all stakeholders for their support and valuable feedback during this consultation exercise, which aims to ensure alignment of market needs,” Shaikh Khalifa added.
 
Following the approval of the Central Bank of Bahrain on the consultation paper, Bahrain Bourse will publish the new Listing Rules on its website www.bahrainbourse.com.