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  • Publication Requirements

    • CIU-1.10.1

      Bahrain domiciled retail CIUs must publish semi annual and annual financial statements in respect of each financial year. These statements must be prepared in accordance with International Financial Reporting Standards.

    • CIU-1.10.2

      Publication on the CIU's or operator's website would satisfy the requirement in Rule CIU-1.10.1 that the report be published.

    • CIU-1.10.3

      The annual financial statement must be published and distributed to CIU participants within 4 months of the end of the CIU's financial year. The semi annual financial statement must be published and distributed to CIU participants within 2 months of the period end. Both the annual and semi-annual reports must contain at least the minimum information specified in Appendix E.

    • CIU-1.10.4

      The annual financial statement must be subject to independent audit by a qualified auditor located in Bahrain and acceptable to the CBB. The semi-annual financial statement must be subject to an independent review by the same qualified auditor.

    • CIU-1.10.5

      Bahrain domiciled retail CIUs must publish the issue, sale, repurchase or redemption price of its holdings each time it issues, sells, repurchases or redeems its holdings, and at least twice a month.

    • CIU-1.10.6

      Publication on the CIU's or operator's website, or in a local newspaper, would satisfy the publication requirement in Rule CIU-1.10.5.