Back Custom print Link Text Only Rich Text Print

  • 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 Islamic bank licensees listed on a licensed exchange.

      Amended: April 2016
      Amended January 2011
      April 2008

    • PD-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 Central Bank), 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: April 2016
        Amended April 2011
        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: April 2016
        April 2008