🌍
Jurisdiction
Bahrain
📅
Effective Date
2020
Jun 1, 2020
✅
Full Compliance
2021
Dec 1, 2021
🏛️
Regulator
Central Bank of Bahrain
Overview
Bahrain was the first MENA country to implement Open Banking regulations. The framework requires banks to provide APIs for account information and payment initiation to licensed TPPs.
Scope & Coverage
AISPIS
Key Requirements
1
CBB licensing for TPPs2
API standards compliance3
Strong authentication4
Consumer protectionKey Notes
Regional pioneer. Bahrain FinTech Bay supports ecosystem development.
Official Resources
Related Regulations
Other open banking frameworks in Middle East:
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