Connected Person

Past version: effective from 19/04/2005 - 04/07/2012
To view other versions open the versions tab on the right

For the purposes of OSR, a Person is 'connected' to a Reporting Entity if the Person:

(a) is a Director or is involved in the senior management of the Reporting Entity or an Associate Body Corporate of the Reporting Entity;
(b) owns or beneficially owns voting Securities carrying more than 5% of the votes attached to all voting Securities or the Reporting Entity or an Associate Body Corporate of the Reporting Entity; or
(c) is a Director of or is involved in the senior management of any Person who owns or beneficially owns voting Securities carrying more than 5% of the votes attached to all voting Securities of the Reporting Entity.
[Added] DFSA RM19/2005 (as from 19th April 2005). [VER3/04-05]