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  • — 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 2008

    • PD-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 the approved person, shall be deemed to be the interests of the relevant approved person. For a definition of 'interest in the shares', see Paragraph PD-1.1.2(d).

      Amended: July 2015
      April 2008