45 C
HomeIn focusInside BahrainBahrain tops Arab countries in Basel Index

Bahrain tops Arab countries in Basel Index

Follow Bahrain This Week on Google News
- Advertisement -

Interior Minister and Head of Counter Extremism, Money Laundering and Terrorism Committee, General Shaikh Rashid bin Abdullah Al Khalifa highlighted the distinguished legislative infrastructure of Bahrain that is based on the best financial and economic practices.

He said that the Kingdom’s potentials in the field reinforce its competitiveness in achieving its development goals, according to the vision and inspirations of His Majesty King Hamad bin Isa Al Khalifa.

He said that Bahrain had topped many indexes of regional and international organisations, because of its distinguished potential and strong foundations in many fields.

He stressed that the dedication of the government led by His Royal Highness Prince Khalifa bin Salman Al Khalifa, the Prime Minister and follow up of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister for the best interest of the nation and citizens.

- Advertisement -

He said that Bahrain’s topping the Arab countries in the Basel Money Laundering Index was a new success in the accomplishment record of the nation.

The achievement was a result of a comprehensive effort by the members of Team  Bahrain and their ongoing work towards reinforcing the position of the Kingdom in all levels.

He hailed the role of concerned ministries and authorities, including the Ministry of Finance and National Economy, Central Bank of Bahrain and MOI directorates.

He also applauded the contributions of financial organisations in backing the national money laundering and terrorism financing fighting efforts.

The interior Minister said that the Kingdom is dedicated to promoting its efforts through its membership in Financial Action Task Force (FATF) and the Middle East and North Africa Financial Action Task Force (MENAFATF). He asserted that Bahrain would continue to meet counter money laundering and terrorism financing goals.

- Advertisement -

Check out our other news

Trending Now

Latest News