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Bahrain: Decision on Reporting Information and Measures Against Frozen Funds Issued News developments

Bahrain: New Plants Varieties Protection Law Approved

  • 07/12/202107/12/2021
  • by Benjamin Filaferro

Al Watan, 5 December 2021: Bahrain’s King has approved Bahrain Law No. 31/2021 on the protection of new varieties of plants.

It sets out the relevant definitions and its scope of implementation.

It also covers all the types, kinds and groups of plants which have been subject to a patent.

In addition, it sets out the conditions for a variety of plants to be considered worthy of protection. These include that the plant is new, unique, homogeneous, consistent and is given an acceptable name in line with Article 28 of Bahrain Law No. 31/2021 and Article 29 of Bahrain Law No. 31/2021.

For full story, click here.

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Bahrain: Decision on Reporting Information and Measures Against Frozen Funds Issued News developments

Bahrain: Implementation Date for Execution Law in Civil and Commercial Matters Announced

  • 24/11/202124/11/2021
  • by Benjamin Filaferro

The Vice President of Bahrain’s Supreme Judicial Council and President of the Court of Cassation has announced the Execution Law in Civil and Commercial Matters is going to be implemented on 17 March 2022.

The Council are preparing the procedural requirements to implement Bahrain Decree-Law No. 22/2021.

They are doing so together with the Justice, Islamic Affairs and Endowments Ministry.

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Bahrain: Decision on Reporting Information and Measures Against Frozen Funds Issued News developments

Bahrain: Amendments to Electronic Communications and Transactions Law Approved

  • 22/11/202122/11/2021
  • by Benjamin Filaferro

Al Watan, 17 November 2021: Bahrain’s King has approved amendments to the Kingdom’s Electronic Communications and Transactions Law.

Bahrain Law No. 29/2021 has been issued to this effect.

It amends Article 23(d) of Bahrain Decree-Law No. 54/2018.

It will state ‘d. For an unaccredited trust service provider, the person who has suffered damage has the burden of proving that the damage has been caused by the will or negligence of the service provider’.

The Prime Minister and the relevant ministers will be responsible for implementing it. It will be published in the Official Gazette and come into force the day after it is published.

For full story, click here.

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Bahrain: Decision on Reporting Information and Measures Against Frozen Funds Issued News developments

Bahrain: Decision on Reporting Information and Measures Against Frozen Funds Issued

  • 19/10/202119/10/2021
  • by Benjamin Filaferro

Al Watan, 16 October 2021: Bahrain’s Interior Minister and Chairman of the Committee to Combat Extremism, Combating Terrorism, Its Financing and Money Laundering, has issued Bahrain Decision No. 120/2021 on the mechanisms for reporting information, the measures taken and receiving requests to authorise the use of frozen funds for individuals listed on the sanctions list and national terrorism lists and the terms and procedures for managing those funds.

Under the Decision, the committee will receive details of individuals or entities listed on the sanctions list.

They will also be advised when the national terrorism lists a request to authorise the use of frozen funds to meet basic or exceptional expenses.

The Decision bans the manager responsible for managing these funds from exploiting or using the funds entrusted to them or secure any contract or disposition relating to these funds for themselves an advantage, through an intermediary in their interest or in the interest of their wife, children, relatives or in-laws up to the fourth degree. For full story, click here.

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Bahrain: Execution Law in Civil and Commercial Matters Law Issued News developments

Bahrain: Execution Law in Civil and Commercial Matters Law Issued

  • 19/09/202119/09/2021
  • by Benjamin Filaferro

Bahrain’s King has issued Bahrain Decree-Law No. 22/2021 approving the issuing of the Execution Law in Civil and Commercial Matters.

The Prime Minister and relevant Ministers will be responsible for implementing it.

It will be published in the Official Gazette and come into force six months after it is published.

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Bahrain: Royal Decree on Penalties and Alternative Measures Issued News developments

Bahrain: Royal Decree on Penalties and Alternative Measures Issued

  • 12/09/202112/09/2021
  • by Benjamin Filaferro

Al Watan, 9 September 2021: Bahrain’s King has issued Bahrain Decree-Law No. 24/2021 amending Article 13 of Bahrain Law No. 18/2017.

Under the amendments, the Interior Ministry can request the execution judge to replace the original penalty with another one providing the defendant does not pose a threat to public security.

The defendant should show good conduct and behaviour and should honour the financial obligations of a ruling against them.

For full story, click here.

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Bahrain: Phase Two of Wage Protection System to be Rolled Out News developments

Bahrain: Phase Two of Wage Protection System to be Rolled Out

  • 01/09/202101/09/2021
  • by Benjamin Filaferro

Bahrain’s Labour Market Regulatory Authority has announced phase two of the Wage Protection System is going to be rolled out on 1 September.

It follows the rolling out of the first phase on 1 May this year. That roll out affected employers with more than 500 employees.

It will affect employers with 50 to 499 employees.

Employers will have six months to comply.

They can enrol before they have to.

Phase three will be rolled out on 1 January 2022. It will affect employers with one to 49 employees.

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Bahrain Moves to Green Alert Level News developments

Bahrain Moves to Green Alert Level

  • 25/07/202125/07/2021
  • by Benjamin Filaferro

Arab News, 22 July 2021: Bahrain’s National Medical Taskforce for Combatting the Coronavirus has announced the Kingdom is going to move to the Coronavirus Green Alert level.

They are going to do so from Friday.

It means malls, restaurants, cafes and sports centres will be reopened to everyone.

Salons, swimming pools and leisure centres will also reopen.

In addition, people will be able to enter Government facilities and events and conferences in outdoor areas will be able to be held.

People will be able to attend education and training institutions as well but will have to comply with anti-Coronavirus measures.

Vaccinated individuals, people recovering from the virus and under-12s who are accompanied by a vaccinated person will be able to enter cinemas and organise events and conferences indoors.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

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Bahrain: Implementation of Data Protection Law Being Considered News developments

Bahrain: Implementation of Data Protection Law Being Considered

  • 15/06/202115/06/2021
  • by Benjamin Filaferro

Bahrain’s Justice, Islamic Affairs and Endowments Ministry is considering the implementation of the country’s Data Protection Law.

It will be implemented in line with international standards.

They have launched a consultation on draft implementing regulations. The consultation ends on 30 June 2021.

They are also working directly with specific sector regulators to facilitate consultation on the draft regulations to ensure they are implemented smoothly in all sectors and sector-specific requirements are taken into account.

Under Bahrain Decree-Law No. 78/2019, the Ministry has had the duties and powers of the Personal Data Protection Authority delegated to them.

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Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Bahrain: Investor Relations Best Practice Guide Launched News developments

Bahrain: Investor Relations Best Practice Guide Launched

  • 25/05/202125/05/2021
  • by Benjamin Filaferro

Bahrain’s Bourse has announced it has issued an Investor Relations Best Practice Guide.

It aims to highlight the importance of the Investor Relations function and the effect of implementing Investor Relations best practices on the valuation and competitiveness of listed companies in the market.

It includes guiding principles of Investor Relations, outlines the operating and regulatory environment and provides guidance on Investor Relations’ strategies in line with best international practices. It also includes case studies from listed companies’ Investor Relations best practices.

To view more news items and other content we have available, visit lexis.ae/demo to book a demo and start your free trial of Lexis® Middle East.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

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