The King and Crown Prince have actually advocated publicly and only reducing corruption plus some ministries have actually initiated “clean-up” efforts.

The King and Crown Prince have actually advocated publicly and only reducing corruption plus some ministries have actually initiated “clean-up” efforts.

Law quantity 35 of 2012, the buyer Protection Law, ensures quality control, combats business that is unfair, and imposes sanctions for breaches of this law’s provisions. MoICT is noteworthy in applying what the law states.

Bahrain’s amended Corporate Governance Law enhances transparency and ethical company conduct requirements. On the list of modifications, the GOB urged businesses to submit audited ratified accounts into the MoICT.

The GOB will not keep a National Contact Point (NCP) for the Organization for Economic Co-operation and Development (OECD) recommendations nor does it be involved in the Industries that is extractive Transparency (EITI). Continue reading