About Oasis Capital
Oasis Capital B.S.C.(c) is licensed as an Investment Business Firm (Category-1) by the Central Bank of Bahrain. The Company is committed to comply with industry best practices in Compliance and Anti-Money Laundering.
Compliance function is critical and is independent from business activities. The Company has established a dedicated compliance function that identifies, assesses, advises on, monitors and reports on Company’s compliance risk.
The Company recognises Money Laundering and Terrorist Financing as a significant risk to the financial sector and has taken comprehensive measures to ensure that the Company does not provide financial services to prohibited individuals & entities listed by United Nations, OFAC and other competent authorities.
The Anti-Money Laundering policies & procedures of the Company are based on the Central Bank of Bahrain’s Anti-Money Laundering Regulation, compliant with the forty recommendations plus nine special recommendations issued by the Financial Action Task Force (FATF), which are international standards, for effective anti-money laundering regimes. Bahrain’s membership to FATF is through GCC & MENAFATF.
The AML statement summarises the AML policies & procedures of the Company, which have been approved by the Board of Directors.
This Policy is issued by Oasis Capital B.S.C. (c) (“OC” or “Company” or “Data Controller”) on behalf of itself, and its subsidiaries.
OC is dedicated to protecting the confidentiality and privacy of information it is entrusted with. As part of this obligation, OC is committed to the appropriate protection and use of personal information (“personal data”) that has been collected online. OC complies with Bahrain’s Personal Data Protection Law No. 30 of 2018 and Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016.
OC collects and processes data only when a transaction is initiated during the course of operations of the Company’s business and to meet regulatory and public interest obligations or mandates (KYC and AML-related rules).
OC does not collect or store any information on website visitors. In general, a visitor can access the website without revealing any personal information. Oasis Capital only collects website visitors’ information when the visitor uses the ‘Contact Us’ form provided on this website and communicates with OC. This information is managed by OC Compliance Officer (Data Protection officer) as per the rules applicable.
Controlling your Personal Information
OC will not sell, distribute or lease your personal information to third parties without permission unless required by law to do so.
OC may use third-party Service Providers to monitor and analyse the use of its Service.
Google Analytics is a web analytics service offered by Google that tracks and reports website traffic. Google uses the data collected to track and monitor the use of OC’s Service. This data is shared with other Google services. Google may use the collected data to contextualize and personalize the ads of its own advertising network.
For more information on the privacy practices of Google, please visit the Google Privacy & Terms web page.
Contact details of the Data Protection officer.
Telephone: +973 17506642
Fax: +973 17506799