Law Number 35 of 2012, the buyer Protection Law, guarantees quality control, combats unfair company techniques, and imposes sanctions for breaches associated with the law’s conditions. MoICT is impressive in applying regulations.
Bahrain’s amended Corporate Governance Law improves transparency and ethical company conduct requirements. On the list of modifications, the GOB urged organizations to submit audited ratified records towards the MoICT.
The GOB will not keep a National Contact Point (NCP) for the Organization for Economic Co-operation and Development (OECD) directions nor does it be involved in the Industries that is extractive Transparency (EITI). Continue reading The King and Crown Prince have actually advocated publicly in support of reducing corruption plus some ministries have actually initiated “clean-up” efforts.