The Head Office Insiders Committee was set up in accordance with the guidelines issued by the CBB and the Bahrain Bourse (BB), for the purpose of ensuring the maintenance of a fair, orderly and transparent securities market, and enhancing and developing the practices relating to the risk management systems and internal controls within listed companies and similar institutions. The Committee is responsible for monitoring and supervising issues relating to insiders in order to regulate their dealings in the Group’s securities, and to ensure that Group insiders are acquainted with and aware of the legal and administrative requirements regarding their holdings and dealings in the Group’s securities. Furthermore, it is responsible for preventing the abuse of inside information by such insiders. The Committee is chaired by the Acting Group Chief Executive Officer and the other members are from among the executive management team.
Key Person Regulations Guideline