The Chairman and members of the Board of Directors and the Executive Management of Capital Market Institutions shall be obliged to: 1. Disclose in writing to the Authority, from the date of their appointment and prior to assuming their duties, the Securities and Foreign Securities owned by themselves and their minor children under their guardianship, as well as their contributions and those of their minor children in any Listed Entity or Licensed Person, and any changes thereto throughout their membership or term of office, within one week from becoming aware thereof. This disclosure shall include the Securities and Foreign Securities known to the spouse of the Chairman or members of the Board of Directors and Executive Management of Capital Market Institutions. 2. Comply with the decisions and circulars concerning: a. Their dealings in Securities and Foreign Securities listed in the Market after assuming their duties. b. The combination of the duties of a Board member with membership of the board of any Listed Entity or Licensed Person, or the parent, holding, subsidiary, sister, or affiliate company of any thereof, or the assumption of any position in the Executive Management of any thereof.
Interpretation and application must be checked against the official text and current version.