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Deal by Design
Welcome to this edition of Law Update, focusing on the evolving M&A landscape across the MENA region. With deal activity and value continuing to grow, the region is seeing increased investor interest alongside a changing regulatory environment.
This edition explores key legal and market developments affecting M&A transactions, including regulatory reforms, foreign investment, governance, due diligence and deal structuring across the region.
Although Law No. 30 of 2018 promulgating the Personal Data Protection Law (“PDPL”) came into force on 1 August 2019 not all provisions of the PDPL actually became effective from that date. This is because under the resolution issuing the PDPL, it is provided that Board of Directors of the Personal Data Protection Authority (“Authority”), will issue the necessary decisions for the implementation of the provisions of the PDPL.
However, the Authority did not appear to have been established.
This has now been addressed by the publication of Decree No. 78 of 2019 Determining the Administrative Body entrusted with the tasks and Competences of Personal Data Protection Authority which provides:
This does not mean that the PDPL is now fully effective, as various implementing regulations, rules and procedures still need to be issued, including:
What has happened is that it is now certain who has responsibility for implementing the law and it is clear that the necessary steps are being taken by the Kingdom of Bahrain to do this.
Al Tamimi’s specialist TMT lawyers and members of our Bahrain office can assist you with the necessary steps you need to take to comply with the new law. For more details on our offering and how we can assist you, please contact us at dataprotection@tamimi.com.
Andrew Fawcett
Senior Counsel, TMT
a.fawcett@tamimi.com
Foutoun Hajjar
Partner, Head of Office – Bahrain, Corporate Commercial
f.hajjar@tamimi.com
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