Haya Rashed Al Khalifa Attorneys advises Julius Baer Group in its successful entry into Bahrain

May - 2013

Haya Rashed Al Khalifa Attorneys acted as Bahraini legal counsel to the Julius Baer Group in its successful licensing application before the Central Bank of Bahrain, Bahrain’s financial regulator.  The Julius Baer Group is a leading international Swiss private banking group, focusing on the demands of sophisticated private clients, family offices and external asset managers from around the world. It has the largest international presence of all Swiss private banks with over 40 locations in more than 20 countries, including a comprehensive pan-Swiss network.

Bank Julius Baer is the principal operating company of the Julius Baer Group, with origins dating back to 1890. The rich Swiss heritage becomes manifest in the values for which the Bank stands, e.g. trustworthiness, accountability and expertise. However, at the same time Julius Baer is a modern, forward-looking company at the leading edge of a genuine growth industry.

Haya Rashed Al Khalifa Attorneys have assisted the  Julius Baer Group in the expansion of its operations into the region by establishing a presence in Bahrain.  The presence of an arm of a reputable institution such as the Julius Baer Group in Bahrain is an added value to the leading role that Bahrain holds as the most prominent financial hub in the region.

This transaction further illustrated the absolute confidence that major international financial institutional clients have on Haya Rashed Al Khalifa’s expertise in Financial Regulation.  Partner Ronald Langat assisted by senior legal counsels Parween Abdulrahman and Elie Yazbeck advised on this transaction.