CBB Volume 6: Contents

Central Bank of Bahrain Volume 6—Capital Markets
Part A
Institutions
CSD — Clearing, Settlement and Depository
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CSD-2.1.6

The licensed clearing houseG shall instruct the settlement banksG to debit or credit the account maintained by the licensed clearing houseG and also the designated bank accounts of the clearing membersG . The settlement banksG shall act on such instructions, which shall be deemed to be confirmed orders by the clearing membersG to debit and/or credit funds, as may be specified in the instructions from time-to-time.

Amended: July 2016
Amended: April 2016
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