On May 20, 2026, Morocco's House of Representatives approved a draft law aimed at strengthening the country's bank crisis management framework. The bill received 66 votes in favor and 28 against, according to official parliamentary records.
The legislation, presented by the Minister of Higher Education, Scientific Research and Innovation, Azzedine El Midaoui, is designed to improve the resilience of the banking sector and ensure better coordination among regulatory authorities during financial crises. The law introduces new mechanisms for early intervention and resolution of troubled banks.
This reform aligns with international standards set by the Basel Committee on Banking Supervision and the Financial Stability Board. It aims to protect depositors and maintain financial stability in Morocco.
The approval comes amid global efforts to strengthen banking regulations following recent financial disruptions. The new law is expected to enhance the Bank Al-Maghrib's ability to manage systemic risks.
