The role of the financial sector in constructing a more stable financial system is also critical with respect to disclosure. More disclosure in firms’ financial reporting and better quality of publicly available firm-level data should enable a better assessment of counterparty risk and for contagion via direct and indirect channels.
Effective from the beginning of this year, all banks in Bahrain are required to maintain proactive business continuity planning that ensures delivery of critical services or products is maintained even during a disruption. Ladies and Gentlemen, I am sure you are all eager to see what the exhibitors have to offer.