AU-1.1.18B
Past version: Effective from 01 Apr 2008 to 30 Sep 2016
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For the purpose of Paragraph AU-1.1.18A, a related party of a
(a) A controller of the Category 3 investment firm as defined in Module GR;
(b) A close link of the Category 3 investment firm as defined in Module GR;
(c) An associate of a controller as defined in Module GR;
(d) The extended family of a controller including a father, mother, father-in-law, mother-in-law, brother, sister, brother-in-law, sister-in-law, or grandparent;
(e) A corporate entity, whether or not licensed or incorporated in Bahrain, where any of the persons identified in Sub-Paragraphs (c) and (d) is a Director or would be considered a controller were the definition of controller set out in Paragraph GR-5.2.1 applied to that corporate entity; and
(f) An investment provider with whom the Category 3 investment firm has an 'agency' relationship (tied agent).
Adopted: April 2008