The government council approves a new draft law to modernize the Commercial Code presented by Minister Wahbi.

The government council approves a new draft law to modernize the Commercial Code presented by Minister Wahbi.

- in Society

On Thursday, October 9, 2025, the government council, chaired by Prime Minister Aziz Akhannouch, approved Bill No. 71.24 to amend and supplement Law No. 15.95 related to the Commercial Code, which was presented by Minister of Justice Abdelatif Wahbi.

This initiative is part of the strategic directions of the Kingdom to modernize the legal and legislative environment for financial and commercial transactions, keeping pace with the rapid developments in financial instruments, and enhancing criminal policy in the area of finance and business, particularly regarding the issue of bounced checks that affect investors and the national economy.

The law aims to amend the third book of the Commercial Code to include new provisions that provide greater flexibility for commercial transactions among traders, enhance legal security, and improve the efficiency of the commercial system while addressing the legal and regulatory issues arising from recent developments in financial instruments.

The bill includes provisions to reconsider the legal framework for checks, encouraging citizens to regularize their situations by paying a settlement contribution related to financial fines, which will help stimulate the dynamics of economic transactions and relieve the burden on courts regarding check-related cases.

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