Central Bank of Bahrain re-elected as GFIN Coordination Group member

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Central Bank of Bahrain re-elected as GFIN Coordination Group member

Published 13 Oct,2021 via bizbahrain – The Central Bank of Bahrain (CBB) has been re-elected as a member of the Global Financial Innovation Network’s (GFIN’s) Coordination Group for a second term, alongside 10 other regulators from across the globe following an internal voting process. The Financial Conduct Authority (“FCA”) UK have also been re-elected as the Chair and the Secretariat of GFIN, for a second term.

The GFIN which was launched three years ago, is a network of over 60 international financial regulators and related organizations committed to supporting financial innovation in the interests of consumers. It seeks to provide a more efficient way for innovative firms to interact with regulators, helping them navigate between countries as they look to scale new ideas. The GFIN also aims to create a new framework for co-operation between financial services regulators on innovation related topics, sharing different experiences and approaches.

The GFIN is overseen by the Coordination Group, which sets the

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