Insolvency Legislation

The MBA has been invited to be part of a Working Group (WG) at the level of the Ministry of Finance. A first meeting of the WG was held on 24 September 2021. The mandate of the WG is to review and amend the current Insolvency Legislation, in light of reforms proposed by the World Bank. The MBA’s role is to ensure effective implementation of changes from an economic and financial stability perspective.