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BC-9.12.7

Islamic bank licensees must establish and maintain procedures and controls so as to ensure that an investment analyst does not undertake a personal account transaction in a financial instrument if the investment analyst is preparing investment research:

(a) On that investment or its issuer; or
(b) On a related investment, or its issuer;

until the investment research is published or made available to the Islamic bank licensee'scustomers.
Added: April 08