Bahrain Bourse (BHB) Material: Contents

Bahrain Bourse (BHB) Material
BHB Clearing, Settlement & Central Depository & Registry Rules
Resolution No. (3) for the Year 2000 with Respect to the Clearing, Settlement, Depository and Registry Rules
Article 15 Registration of the Transfer of Securities
Skip to Content
Whole SectionText only Print Print Manager Link

Article 15 Registration of the Transfer of Securities

15.1 Pursuant to Article (7) hereof, the CSU shall, on behalf of the issuer, enter and maintain the relevant data of registered securities on the Central Securities Registry. Transfers of securities, pledges and any other third-party rights within the Central Securities Registry shall be deemed legal for the relevant entry in the issuer's share-book, or any other Registry used for the issuer's securities.
15.2 For the purpose referred to in sub-Article (15.1) above, the CSU shall provide to the issuer or authorized transfer agent, information regarding the holders of securities of such issuer on a periodical basis, as agreed between the relevant parties.
15.3 The CSU shall provide the issuer or its transfer agent with a list detailing:
15.3.1 the name and address or registered office of the holder;
15.3.2 the number of a security held by the holder, as of a specific date.
Back to top