AU-1.2.2

Past version: Effective from 01 Jan 2016 to 30 Sep 2020
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Controlled functions are those functions occupied by board members and persons in executive positions and include:

(a) Director (for Bahraini insurance licensee only);
(b) Chief Executive or General Manager;
(c) Head of function;
(d) Head of risk management;
(e) Compliance officer;
(f) Money Laundering Reporting Officer;
(g) Member of Shari'a Supervisory Board (where applicable);
(h) Internal Shari'a reviewer (where applicable);
(i) Unit-linked investment adviser (where applicable); and
(j) Signing Actuary(where the function is undertaken by a Director or an employee of the insurance firm).
Amended: January 2016
Amended: April 2014
Amended: October 2007
Amended: July 2007