Responsibility of Issuers and Advisors
OFS-A.2.5
The
issuer ofsecurities in/from Bahrain or any person acting on its behalf must comply with the requirements laid down under the CBB Law, this Module and the other applicable laws, rules and regulations.January 2014OFS-A.2.6
The main responsibility for the
issuer ofsecurities or any other person acting on its behalf is to:(a) Adhere to the CBB Law, rules and regulations and any other applicable laws, rules and regulations;(b) Ensure and accept responsibility for the information contained in theprospectus or other offering documents and that these documents do not contain any false or misleading information or data and omissions likely to affect the importance and completeness of theprospectus , or offering documents;(c) Ensure fair and equal treatment of all subscribers, allottees and holders of each type ofsecurities issued by it ;(d) Use an effective and efficient mechanism for capital raising for financing their businesses or any expansions thereof;(e) Using the most professional capital market advisory services provider; and(f) Ensure adherence of allcapital market advisory services providers involved to all requirements regarding protecting and maintaining the subscribers money, in accordance with the applicable laws, rules and regulations.January 2014