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Bribery & Corruption Risk:

Bahrain ranks 76/180 on Transparency International’s 2023 Corruption Perceptions Index. Learn how corruption may impact business dealings and government contracts in the country.

Money Laundering & Fraud:

With a Basel AML Index score of 4.82, Bahrain is considered a high/medium-risk jurisdiction for money laundering. Protect your organisation by understanding the underlying risks.

Terrorist Financing:

Bahrain’s proximity to volatile regions presents a medium risk for terrorist financing. This report outlines the key regulatory measures and how businesses can ensure compliance.

Cybercrime Threats:

Bahrain faces increasing threats from phishing and ransomware attacks. Discover strategies for protecting your organisation from cybercrime.

Bank Loan Laundering Scheme

Bahraini authorities brought charges against two Bahraini nationals, as well as seven other individuals and 15 companies, for laundering BD75 million. In the case, the defendants obtained a BD500 million loan from a bank in another Gulf country using misleading documentation. The defendants then evaded installment payments while laundering the money to other countries.

The group laundered US$75 million to Bahrain under the guise of investment, through the acquisition of real estate and land, and through the formation of multiple front companies. The defendants faced trial in 2022.