البحث

…rview 5. The Kingdom of Bahrain conducted its first comprehensive National Risk Assessment in 2017 which was adopted by the Cabinet of Ministers in the year 2018. The outcomes of the report guided the enhancement to the Kingdom’s AML/CFT fr…

…xploiting the operations of the legal persons in ML. The findings of the threat assessment revealed that the level of threat is categorized as medium. National Vulnerability 52. A review and analysis were conducted of the vulnerabilities an…

…s associated with trusts are categorized as low. Overall Risks 64. A low threat assessment is determined by the minimal number of (STRs) and the absence of identified domestic abuse cases during the assessment period. The limited scale of m…

…to foreign predicate offenses presents a medium threat. A justification to such assessment is that there have been complex cases that involve cross- border transactions and officials from foreign jurisdictions being involved during the samp…

…fy internal and external threats in line with the outcomes of the National Risk Assessment (NRA), and to propose strategies for national adoption by the Ministerial Committee for Combating Extremism, Terrorism, and its Financing and Money L…

…levels ranging from “low” to “high”. 27. The result of threat and vulnerability assessment is a risk map which can be used to determine the final risk level of the country as shown in Figure below. Overall Money Laundering Risk in a Jurisdi…

…of suspicious activity and effective international cooperation. Sectoral Threat Assessment 93. This section of the report reflects the ratings and assessments of the domestic ML threats per sector/subsector. The ratings were given based on…

…in Bahrain and assign a threat rating to each, ultimately providing an overall assessment of international ML threats to the Kingdom's financial system. SECTORAL ANALYSIS 101. During the assessment period, multiple money laundering cases w…

…vidual was found guilty and sentenced to a 3-year prison. Upon completion of the sentence, the individual will be deported from the country. The Kingdom Of Bahrain's National Risk Assessment 2025 التقييم الوطني للمخاطر في مملكة البحرين 2025

…hrain has dedicated substantial efforts to enhance its legal and institutional framework in order to mitigate ML/TF/PF risks in the country. The Kingdom Of Bahrain's National Risk Assessment 2025 التقييم الوطني للمخاطر في مملكة البحرين 2025

…ty score categorized for the Waqf sector is low. Overall Risks 71. Based on the assessment provided, the overall risk of waqfs being misused for ML/TF in Bahrain is low. The threat assessment is rated as low due to the complete absence of r…

…conducted its second formal and comprehensive NRA. The Money Laundering threat assessment period covers the years from 2021-2024. 75. The Threat Assessment helps determine the national money laundering “threat level”, which ranges from “lo…

15 SECTION 1: MONEY LAUNDERING RISK ASSESSMENT Legal Persons and Arrangements ML Risk Assessment Overview – Risk and Context 34. Companies and other legal structures are inherently associated with significant ML and TF risks primarily from…

…he terms ‘Virtual Assets (VA)’ and ‘Virtual-Asset Service Providers (VASPs)’ which is adopted in this report and in line with FATF glossary. The Kingdom Of Bahrain's National Risk Assessment 2025 التقييم الوطني للمخاطر في مملكة البحرين 2025

…ts to combat ML, TF and PF. These provisions relate to conducting ML/TF/PF risk assessments, implementing CDD and EDD measures, filing suspicious transaction reports and maintaining customer records. 166. Given the ML threats faced by the s…

…onal measures, effectively mitigates these risks. NON-PROFIT ORGANISATIONS RISK ASSESSMENT 227. The Kingdom of Bahrain has established a regulatory framework within the Ministry of Social Development (MOSD) to oversee Non-Profit Organizatio…

…ection, estate management, management of shares and accounting services. Threat Assessment 60. It is recognised that the use of trusts in ownership and control structures that provide for the separation of legal ownership from beneficial ow…

43 SECTION 2 – TERRORIST FINANCING & PROLIFERATION FINANCING AND NPO RISK ASSESSMENT 202. A proper risk assessment of terrorism financing (TF) is a cornerstone of safeguarding both national security and financial stability. It enables gover…

…3. Given their key role in the financial system, wholesale banks enable economic development and serve as a potential target for ML threats. The Kingdom Of Bahrain's National Risk Assessment 2025 التقييم الوطني للمخاطر في مملكة البحرين 2025

…d PF. In addition, all relevant staff members must undergo periodic AML/CFT/CPF assessments and training. Overall Risks 122. In the Kingdom of Bahrain, Money Changers must be licensed by the CBB and are subject to AML/CFT/CPF rules and regu…

…gather information, both quantitative and qualitative, to aid in comprehensive assessments of the ML, TF and PF risks. Feedback on the questionnaires was used to inform the assessment results. NRA Process 33. The process of a risk assessme…

6 OBJECTIVE 1. The National Risk Assessment (NRA) is a systematic process to identify, evaluate, and mitigate potential risks of money laundering (ML), terrorist financing (TF) and proliferation financing (PF) that could affect the country.…

…ML threats faced by the sector are classified as low risk. CONCLUSION 199. This assessment attempted to identify, analyse, and evaluate the risk of money generating crimes in Bahrain and the targeted sectors. The assessment was able to clea…

…tential recruits, thereby contributing to the overall reduction in terrorist activities. Case Study No. 5 – Dismantling a Terrorist Network: The Kingdom Of Bahrain's National Risk Assessment 2025 التقييم الوطني للمخاطر في مملكة البحرين 2025

…sees and sector type. The CBB emphasizes implementing risk-based monitoring and assessments to detect red flags within small-value, high-volume transactions. Financing and micro financing companies undergo regulatory AML/CFT oversite, throu…