MANAMA, July 24 -- In line with its commitment to position Bahrain's capital market at the forefront of global financial market standards, Bahrain Clear issued a consultation paper on the proposed Delivery Versus Payment (DVP) Model Framework.

The proposed consultation paper was disclosed on Bahrain Bourse's website and distributed to related parties and stakeholders to receive their views and comments prior to the implementation of the enhanced DVP Model Framework. This initiative comes as part of Bahrain Clear's role to enhance capital markets infrastructure, with the overall aim of protecting clients' securities transactions.

The enhanced DVP Model will activate the custody model in the market by combining pre-settlement controls thr...