OREANDA-NEWS. The Board of Directors of Bahrain Bourse (BHB) held its first meeting for the year 2016 on Monday, 7th March 2016 chaired by Mr. Yusuf Abdulla Humood, Chairman of the Bourse.

The Board discussed the subjects on the agenda including the latest developments at Bahrain Bourse.

The Board also reviewed the periodic report on BHB’s performance, other bourses, and GCC stock markets as well as a report on the follow-up of the Board’s resolutions.

The Board approved the financial results for the year ended 31 December 2015 as well as the estimated budget for the year 2016.

The Board also approved BHB’s Corporate Governance Report for the year 2015 and the Money Laundering policy and procedures.

In addition, the Board discussed the progress of BHB’s operational plan that is part of the Bourse’s strategic plan, along with its evaluation criteria.

The Board also discussed the project of developing the services provided by Clearing, Settlement, and Central Depository and took the required recommendations in this regard.

The Board discussed the reports and recommendations of the Board’s Committees and decided on the actions to be taken.