Unified UAE Legislation Database

Central Bank of the UAE Remuneration Regulation for Banks and Insurance Companies

Status

In force

Issuing Authority

Central Bank

Effective date

XX.XX.XXXX

Official Link

https://

Circular No.: 5/2026

Date: 13/03/2026

Το: All Banks and Insurance Companies

Subject: Remuneration Regulation for Banks and Insurance Companies

 

INTRODUCTION

The Central Bank is seeking to establish a framework for the implementation of sound remuneration practices across Banks and Insurance Companies, herein referred to as "Financial Institutions". The Remuneration Regulation for Banks and Insurance Companies (this Regulation), sets out the Central Bank's minimum requirements for Financial Institutions to maintain responsible and effective remuneration frameworks to ensure that remuneration is commensurate with performance and risk outcomes, and to address the risks associated with improper remuneration practices. This Regulation must be read in conjunction with the Central Bank Law, and the Regulations issued in implementation thereof, including the following, at a minimum:

- Central Bank Circular No. 153/2018 - Risk Management Regulation and Standards;

- Central Bank Circular No. 83/2019 - Corporate Governance Regulation for Banks and accompanying Standards;

- Central Bank Circular No. 4444/2021 - ...