• [L] [L]


    • Laws and regulations

      For the purpose of Module ICO, laws and regulations means the provisions of the laws of the jurisdictions of the overseas authorities, the regulations promulgated thereunder, and the other regulatory requirements that fall within the competence of the overseas authorities, concerning the following:

      (a) Insider dealing, market manipulation, misrepresentation of material information and other fraudulent or manipulative practices relating to securities and derivatives, including solicitation practices, handling of investor funds and customer orders;
      (b) The registration, issuance, offer, or sale of securities and derivatives, and reporting requirements related thereto;
      (c) Market intermediaries, including investment and trading advisers who are required to be licensed or registered, collective investment undertakings, brokers, dealers, and transfer agents; and
      (d) Markets, exchanges, and clearing and settlement entities.
      Added: July 2011

    • Licensed central depository

      Means a central depository licensed by the CBB under the Clearing, Settlement and Depository Module (CSD) of Rulebook Volume 6.

      Amended: July 2016
      Added: January 2014

    • Licensed clearing house

      Means a clearing house licensed by the CBB under the Clearing, Settlement and Depository Module (CSD) of Rulebook Volume 6.

      Amended: July 2016
      Added: July 2011

    • Licensed exchange

      Means an exchange licensed by the CBB under the Markets and Exchange Module (MAE) of Rulebook Volume 6 in respect of the operation of its market in and from the Kingdom of Bahrain.

      Amended: July 2016
      Added: July 2011

    • Licensed market operator

      Means an overseas exchange that is licensed by the CBB under the Markets and Exchanges Module (MAE) of Rulebook Volume 6 to operate a market in the Kingdom of Bahrain.

      Amended: July 2016
      Added: July 2011

    • Licensed member(s)

      For the purpose of Module MIR in Volume 6 of the CBB Rulebook, means a member licensed by the CBB under this Module.

      Added: July 2016

    • Licensee

      Any person licensed by the CBB under any of the Volumes of the CBB Rulebook.

      Added: April 2013

    • Listed company

      Means a company who should have been admitted for trading of the official list of a licensed exchange in Bahrain.

      Added: January 2012

    • Listing of closed or private companies

      Closed, private, family companies, or such other non-public companies that offer their securities to the public and list.

      Added: January 2014

    • Listing rules

      In relation to a licensed exchange or a licensed market operator that establishes or operates or proposes to establish or operate a licensed market means rules governing or relating to:

      (a) The admission to the official list of the licensed exchange or licensed market operator of the securities of corporations, governments, bodies unincorporated or other persons for the purpose of the quotation on the securities market of the licensed exchange of securities issued, or made available by such corporations, governments, bodies unincorporated or other persons, or the removal from that official list and for other purposes; or
      (b) The activities or conduct of corporations, governments, bodies unincorporated and other persons who are admitted to that list.
      Added: July 2011