Finally the IOSCO published its revised code of conduct for credit rating agencies, addressing issues such as the quality and integrity of the rating process, disclosure of a wide range of information on risk characteristics to market participants and avoiding conflicts of interest.
Honoured guests, ladies and gentlemen, it is with great pleasure I declare open the BNP Paribas office in the Bahrain Financial Harbor. May I wish the bank a successful and prosperous evolution and continued close association with the development of Bahrain as the leading international financial centre of the Gulf region. BIS Review 161/2008  1