Application to Branches of Foreign Banks
HC-5.4.4
Banks operating as
branches of foreign bank licensee 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 2 CBB Rulebook; and(b) The requirements imposed by their home supervisor and head office.Amended: January 2021
Amended: April 2019
Added: January 2014