Application to Overseas Conventional Banks
HC-5.4.4
Banks operating as
overseas conventional bank licensees in Bahrain must apply the most stringent set of remuneration rules to which they may be subject to. Such rules are:(a) The requirements imposed in Bahrain with respect to remuneration as outlined in Volume 1 CBB Rulebook; and(b) The requirements imposed by their home supervisor and head office.Added: January 2014