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HC-5.4.4

Past version: Effective from 01 Apr 2019 to 31 Dec 2020
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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 1 CBB Rulebook; and
(b) The requirements imposed by their home supervisor and head office.
Amended: April 2019
Added: January 2014