Flip through the latest issue of Gulf Weekly.
Bahrain authorities have increased vigilance on all commercial dealings in recent days – particularly cash transactions involving large sums of money.
A senior official at the Central Bank of Bahrain confirmed that along with financial institutions, commercial organisations including automobile dealers, charitable organisations and real estate companies have been briefed about the strict rules and regulations which must be adhered to.
Bahrain is playing a leading role in the Gulf Co-operation Council’s Financial Action Task Force (FATF) and views the fight against money laundering and combating the financing of terrorism as a key priority.
