Bahrain’s measures to fight money laundering and the financing of terrorism and proliferation


September 4 2018

The Kingdom of Bahrain has the foundation for an effective regime to combat money laundering and terrorist finance, but needs to further develop its measures based on risk.

The FATF and the Middle East and North Africa Financial Action Task Force (MENAFATF) jointly conducted an assessment of Bahrain’s anti-money laundering and counter-terrorist financing (AML/CFT) system. The assessment is a comprehensive review of the effectiveness of the country’s AML/CFT system and its level of compliance with the FATF Recommendations.