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HC-3.4.3 [versions up to January 2011]

All insurance licensees must designate an employee, of appropriate standing and resident in Bahrain, as Compliance Officer. The duties of the Compliance Officer include:

(a) Having responsibility for oversight of the licensee's compliance with the requirements of the CBB; and
(b) Reporting to the licensee's Board in respect of that responsibility.
Amended: January 2007