His Excellency Interior Minister and Head of the committee to counter extremism, money laundering, and terrorism General Shaikh Rashid bin Abdullah Al Khalifa received on Thursday Central Bank of Bahrain (CBB) Governor Rasheed Al Maraj and CBB Deputy Governor Shaikh Salman bin Isa Al Khalifa who also chairs the committee in charge of setting policies to prohibit and combat money laundering and terrorist financing. Director of Financial Intelligence and deputy head of the committee, Shaikha May bint Mohammed Al Khalifa attended.
In the beginning, HE Interior Minister hailed the international accomplishment achieved by Bahrain. As a result, the Kingdom ranked first in the Arab region and second in the Middle East, for the second year in a row, on the Basel AML Index.
He said that the milestone reflects the transparency and commitment to the human rights values and principles of the reform approach of His Majesty King Hamad bin Isa Al Khalifa. It also represents the procedures of the government led by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, to reinforce the sovereignty of the law.
He valued the cooperation and coordination between ministries and concerned authorities in implementing anti-money laundering procedures. He expressed thanks and appreciation to related organisations and the head and members of the committee in charge of setting policies to prohibit and combat money laundering and terrorist financing. He also hailed their efforts and the related laws and plans to adhere to international standards in fighting terrorism and drying up its sources, and countering money laundering.
The meeting reviewed topics related to terrorism financing, money laundering and steps to promote cooperation and coordination to reinforce national efforts.
