Agency Circular BC/05/2002 Collective Investment Schemes — Information to be Contained in Scheme Particulars Documents
1st June, 2002
The General Manager
All FCBs/IBs/OBUs and Representative Offices
Kingdom of Bahrain
Re : Collective Investment Schemes – Information to be Contained in Scheme Particulars Documents
In accordance with Articles 29 and 31 of the Principles of Supervision, Operation and Marketing with respect to Collective Investment Schemes, Circular No. OG/318/95, dated 4th November 1995, banks or financial institutions are required to submit to the Agency as part of their application for authorisation and approval, the prospectus of any proposed Collective Investment Scheme. The attached document outlines the minimum information which should be contained in the prospectus of a locally incorporated scheme.
The prospectus of such schemes must contain the matters specified in the attached document and should contain any other information the inclusion of which is necessary to help the investors make an informed assessment of the scheme.
Any queries and/or clarification sought in relation to the attached document should be directed to Mr. Abdul Rahman Al-Baker, Head of Investment Business on Tel : 547449 or Fax No. 537554.
Dr. Khalid Abdulla Ateeq