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  • MIE-1.1 MIE-1.1 Market Surveillance

    • Market Surveillance

      • MIE-1.1.1

        The CBB's surveillance function is focused on identifying potential breaches of the relevant laws, rules and regulations and those responsible for the potential breaches. The surveillance function includes the following:

        a) Policy formulation for introducing surveillance systems that bring integrity, safety and stability to the securities market in the Kingdom of Bahrain;
        b) Gather and analyze information for the purpose of spotting abnormal situations in the market;
        c) Detect potential contraventions of relevant laws, rules and regulations and identify those responsible for such contraventions;
        d) Prepare initial analysis report;
        e) Take interim enforcement actions, if warranted;
        f) Pursue preventative action, if required, and avoid market disruptions at the earliest possible time.
        g) [This Subparagraph has been deleted in July 2021].
        Amended: July 2021

      • MIE-1.1.2

        The Market Surveillance, Department of the Capital Markets Supervision Directorate within the CBB is responsible for the market surveillance function relating to the securities market in the Kingdom of Bahrain.

        Amended: July 2021

      • MIE-1.1.3

        The CBB may apply, adopt, determine and implement various measures, mechanisms and requirements, as may be required from time-to-time.

      • MIE-1.1.4

        Licensed exchanges and market operators, licensed clearing houses and depositories, members of SROs and other capital market service providers must have appropriate systems and procedures for the detection of potential cases of unlawful transactions and contraventions of the CBB Law, rules and regulations and report to the CBB at the earliest stage possible.

        Amended: July 2021