Key Persons
Dealings policy

As part of its policy to maintain a fair, orderly and transparent securities market, the Bahrain Bourse Co. (BHB) vide circular MA/208/2010 dated 6th of December 2010 and the Central Bank of Bahrain (CBB), vide circular reference CMSL/L038/2011 dated 6th Feb. 2011, to implement and comply with the stipulation of “Key Persons’ Dealing Policy” which regulates the trading of Bank’s securities by members of the Board of Directors, Management staff and others persons, hereinafter defined and referred to as “Key Persons or KPs”. The KP Trading Policy replaces the earlier Insider Trading Policy issued and implemented at the Bank according to CBB’s –formerly known as BMA- stipulation of “Guidelines on Insiders” vide circular reference ODG/282/2004 dated 7th October 2004. This policy is also subject to the stipulations of CBB’s Rulebook 6 MAM (Prohibition of Market Abuse and Manipulation). Trading in debt securities referred to in this policy will be subject to the provisions of CBB’s “Guidelines for the Issuing, Offering and Listing of Debt Securities of 2004”.

The guidelines set forth below are introduced to ensure that KPs are aware of the legal and administrative requirement regarding the holding and trading of the Bank’s securities, with the primary objectives of preventing abuse of inside information.