Regulatory Alerts2026-04-14
Remuneration Regulation for Banks and Insurance Companies
The Central Bank of the United Arab Emirates issued this regulation to establish minimum requirements for sound remuneration practices across all banks and insurance companies. It mandates that financial institutions implement risk-sensitive compensation frameworks that align incentives with prudent risk management and long-term strategic objectives. The document defines key roles, outlines board responsibilities, and sets specific rules for variable pay, clawbacks, and disclosures to ensure financial stability.
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