PD-1.4 PD-1.4 Additional Disclosure in the Annual Audited Financial Statements of Banks Listed on a Licensed Exchange
PD-1.4.1
The content of this Section is applicable only to
Bahraini conventional bank licensees listed on alicensed exchange .Amended: July 2015
Amended: January 2011
April 2008PD-1.4.2
The disclosure requirements set out in this Section for banks referred to under Paragraph PD-1.4.1 are in addition to those set out in Section PD-1.3.
April 2008— Interests of Approved Persons
PD-1.4.3
Without prejudice to any other requirement of Bahrain law (or any other direction of the CBB), the Directors' Report Section of the annual report of banks should contain details of the interests of
approved persons in the shares of such banks. Such details should include:(a) Total interests in the shares of such banks by individual persons mentioned above; and(b) Changes in such interests from the previous financial year to the current financial year.Amended: July 2015
Amended October 2010
April 2008PD-1.4.4
For the purpose of the disclosure required under Paragraph PD-1.4.3, any interests in the shares of a bank held by the spouse(s) or children of an
approved person , or any other person the control of whose interests in such shares lies ultimately with theapproved person , shall be deemed to be the interests of the relevantapproved person . For a definition of 'interest in the shares', see Paragraph PD-1.1.2(d).Amended: July 2015
April 2008
