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CBB Rulebook: Contents

  • Common Volume
  • Central Bank of Bahrain Volume 1—Conventional Banks
    • Part A
    • Part B
    • Quarterly Updates
    • Ad-hoc Communications
    • Archived Part A
      • Introduction
      • High Level Standards
        • LR Licensing Requirements
        • PB Principles of Business
        • HC High-Level Controls
        • HC High-level Controls [versions up to October 2010]
        • HC High-Level Controls [Versions Up To April 2023]
          • HC-A Introduction
          • HC-B Scope of Application
          • HC-1 The Board
          • HC-2 Approved Persons Loyalty
          • HC-3 Audit Committee and Financial Statements Certification
          • HC-4 Appointment, Training and Evaluation of the Board
          • HC-5 Remuneration of Approved Persons and Material Risk-Takers
            • HC-5.1 Principle
            • HC-5.2 Role of the Board of Directors and Remuneration Committee
            • HC-5.3 Remuneration Committee Charter
            • HC-5.4 Standard for all Remuneration
            • HC-5.5 Board of Directors' Remuneration
              • HC-5.5.1
              • HC-5.5.2
              • HC-5.5.3
              • HC-5.5.4
              • HC-5.5.5
            • HC-5.6 [This Section was deleted and is replaced with requirements contained under Section HC-5.4]
          • HC-6 Management Structure
          • HC-7 Communication between Board and Shareholders
          • HC-8 Corporate Governance Disclosure
          • Appendix A Audit Committee
          • Appendix B Nominating Committee
          • Appendix C Remuneration Committee
        • AU Auditors and Accounting Standards
        • GR General Requirements
      • Business Standards
      • Prudential Requirements
      • Reporting Requirements
      • Enforcement & Redress
    • Archived Part B
  • Central Bank of Bahrain Volume 2—Islamic Banks
  • Central Bank of Bahrain Volume 3—Insurance
  • Central Bank of Bahrain Volume 4—Investment Business
  • Central Bank of Bahrain Volume 5—Specialised Licensees
  • Central Bank of Bahrain Volume 6—Capital Markets
  • Central Bank of Bahrain Volume 7—Collective Investment Undertakings
  • Bahrain Bourse (BHB) Material
  • Central Bank of Bahrain and Financial Institutions Law 2006
  • Bahrain Anti Money Laundering Law 2001
  • Regulation Governing Collective Investment Schemes June 2003
  • Bahrain Stock Exchange Law 1987
  • Bahrain Financial Trust Law 2006
  • Bahrain Insurance Law 1987
  • Bahrain Monetary Agency Law 1973
  • Commercial Companies Law 2001
  • CBB Disclosure Standards
  • CBB Debt Securities Guidelines
  • Ministerial Order — Money Laundering
  • CBB Resolution on Dissemination of Listed Companies' Financial Statements and Board of Directors' Meetings
  • CBB Regulations and Resolutions
  • The Corporate Governance Code of the Kingdom of Bahrain
  • Archive
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Breadcrumb

  1. Central Bank of Bahrain Volume 1—Conventional Banks
  2. Archived Part A
  3. High Level Standards
  4. HC High-Level Controls [Versions Up To April 2023]
  5. HC-5 Remuneration of Approved Persons and Material Risk-Takers
  6. HC-5.5 Board of Directors' Remuneration
  7. HC-5.5.2
  Versions

 
  • Jan 01 2014 - Jun 30 2014
  • Jul 01 2014 - Mar 31 2015
  • Apr 01 2015
‹ HC-5.5.1 HC-5.5.3 ›

HC-5.5.2

The Board of Directors' remuneration must be capped so that total remuneration is in line with Article 188 of the Company Law, in any financial year and has been approved by the shareholders.

Amended: April 2015
Amended: July 2014
Added: January 2014
‹ HC-5.5.1 HC-5.5.3 ›

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