Central Bank of Bahrain - Rulebooks & Regulatory Update

CBB Volume 3: Contents

Central Bank of Bahrain Volume 3—Insurance

High Level Standards

AU Authorisation

PB Principles of Business

HC High-Level Controls

HC-A Introduction

HC-B Scope of Application

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

HC-5.1 Principle

HC-5.1.1

HC-5.2 Remuneration Committee

HC-5.3 Remuneration Committee Charter

HC-5.4 Standard for all Remuneration

HC-5.5 Directors' Remuneration

HC-5.6 Senior Management Remuneration

HC-6 Management Structure

HC-7 Communication between Board and Shareholders

HC-8 Corporate Governance Disclosure

HC-9 Takaful and Retakaful Companies

HC-10 Insurance Consultants, Insurance Managers, Insurance Aggregators and Captive Insurance Firms

Appendix A Audit Committee

Appendix B Nominating Committee

Appendix C Remuneration Committee

Appendix D Corporate Governance Disclosure to Shareholders

AA Auditors and Actuaries

GR General Requirements

Business Standards

Reporting Requirements

Enforcement & Redress

Quarterly Updates

Ad-hoc Communications

Archived Part A

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Location: Central Bank of Bahrain Volume 3—Insurance > Part A > High Level Standards > HC High-Level Controls > HC-5 Remuneration of Approved Persons > HC-5.1 Principle > HC-5.1.1

HC-5.1 Principle

HC-5.2 Remuneration Committee

HC-5.1.1

The insurance licensee^G must remunerate approved persons^G fairly and responsibly.

January 2011

Versions
(1 Version)

Jan 1 2011 onwards

HC-5.1 Principle

HC-5.2 Remuneration Committee

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