1-Issuing and managing the bankruptcy register.
2-Licensing bankruptcy officeholders and experts in accordance with the Regulations.
3-Preparing bankruptcy officeholders and experts list in accordance with the Regulations.
4-Issuing the rules governing the work of bankruptcy officeholders and experts.
5-Conducting inspections and verifications in respect of any Bankruptcy Procedures implemented in accordance with the provisions hereof.
6-Submitting recommendations to the Minister regarding updating the list of Regulated entities, in coordination with the competent authorities.
7-Setting out the small debtor's standards in coordination with the General Authority for Small and Medium Enterprises.
8-Determining the minimum debt amount of the debt that gives creditors the right to request the initiation of the liquidation procedure.
9-Managing administrative liquidation procedures.
10-Issuing, maintaining, and managing the register provided for in Article (204) (2) hereof.
11-Issuing the forms and documents provided for in the Implementing Regulations.
12-Organizing and sponsoring initiatives to increase awareness about the Law.
13-Making the necessary proposals to enhance the effective implementation and development of the provisions hereof, including conducting studies and research.
14-Conducting activities and participating in the events relevant to its competences.
15-Conducting periodic reviews of the provisions of the Law and its Regulations, as well as the relevant rules and instructions, and propose any amendments to the Minister in coordination with the competent authorities.
16-Provisions of consultations, services, and training with or without consideration.
17-Publishing the rules of archiving and managing the Bankruptcy Register mentioned in article (204) Paragraph (2). Issuing the rules of licensing bankruptcy officeholders and experts.
18-Issuing the regulations of officeholders’ duties in collaboration with the Ministry of Justice.
19-Issuing the regulations of professional conduct for bankruptcy officeholders and experts.
20-Issuing the regulations of inspection and investigation.
21-Issuing the regulations of nominating bankruptcy officeholders and experts in collaboration with the Ministry of Justice.
22-Any other competencies specified in the Implementing Regulations or the decision of forming the Commission.