Legal Framework
From The Report: Bahrain 2023
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The legal framework analyses the introduction of a revised code of conduct for auditors; the commercial law that improves the ease of doing business; new rules on the retirement age and pension eligibility, and updated resolutions that aim to enhance data privacy.

This chapter contains a viewpoint from Hatim Zu’bi, Partner, Zu’bi & Partners, Attorneys & Legal Consultants
 

Articles from this Chapter

Overview

Guiding principles: Updated legislation regulates the categorisation, registration and code of conduct for external auditors
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Law No. 15 of 2021 (New Law), which was published on August 5, 2021 in the official gazette and went into effect three months later, governs the regulation of external auditors. Consequently, the previously applicable Auditor’s Law No. 26 of 1996 (Repealed Law) was repealed, along with any provisions that contradicted the New Law. New External Auditor’s Law A comparison between the New Law and the Repealed Law demonstrates that the New Law provides more detailed regulations concerning the registration…

Analysis

Personal protection: New resolutions to enhance data privacy and security measures
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Bahrain has taken a proactive approach towards data protection, being one of the first countries in the MENA region to issue standalone data protection legislation, with the Personal Data Protection Law No. 30 of 2018 (PDPL), which came into force on August 1, 2019. The PDPL is modelled on the EU’s General Data Protection Regulation (EU GDPR) and applies to any personal data collected by any means from or within the country. The PDPL aligns the kingdom with internationally recognised data protection…

Viewpoint

Pioneering preservation: Hatim Zu’bi, Partner, Zu’bi & Partners, Attorneys & Legal Consultants on how new legislation will safeguard biodiversity
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Viewpoint:Hatim Zu’bi The kingdom’s efforts to enhance and govern its natural resources are evident in the recent issuance of Law No. 7 of 2022 (New Environment Law), which was published in the Official Gazette on March 17, 2022 and came into effect six months later on September 17, 2022. The New Environment Law replaced Law No. 21 of 1996 and ushered in a new set of regulations based on pertinent environmental issues. The new legislation introduces measures to ensure the effective protection…