HC-5.4.5

Past version: Effective from 01 Jan 2014 to 31 Dec 2014
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Head offices of Bahraini conventional bank licensees must ensure that their foreign subsidiaries and branches take steps so that the remuneration practices are compliant with the policy defined at the group level. Such steps must include ensuring compliance with local rules that apply to the remuneration schemes of their subsidiaries and branches.

Added: January 2014