Bahrain: Bahrain participated in the 32nd meeting of the Gulf Cooperation Council (GCC) Technical Committee on Anti-Money Laundering and Counter-Terrorist Financing, conducted via video conference. Shaikha May bint Mohammed Al Khalifa, Chief Executive of the Financial Intelligence National Centre (FINC) and Chair of the Anti-Money Laundering and Counter-Terrorist Financing Committee, led the meeting during the Kingdom's presidency of the 46th session of the GCC.
According to Bahrain News Agency, the meeting reviewed various agenda items and discussed developments concerning the enhancement of anti-money laundering and counter-terrorist financing frameworks across GCC states. It also focused on following up on the work of technical teams and related joint initiatives.
The meeting highlighted the significance of ongoing coordination and cooperation among member states. It emphasized the exchange of expertise and practices to boost the effectiveness of joint GCC efforts in combating financial crimes and terrorist financing risks, aligning with relevant international standards.