Bahrain enacts the UNCITRAL Model Law on Electronic Transferable Records

On 29 November, Bahrain enacted the UNCITRAL Model Law on Electronic Transferable Records (the "MLETR") by adopting the Electronic Transferable Records Law. Bahrain is the first State to enact the MLETR.

Bahrain also adopted a revised Electronic Transactions Law, which updates the existing Electronic Transactions Law by, inter alia, incorporating substantive provisions of the United Nations Convention on the Use of Electronic Communications in International Contracts.  The UNCITRAL Secretariat cooperated with Bahrain in drafting the Electronic Transferable Records Law and the revised Electronic Transactions Law.  Read the entire press release.