AML Bahrain offers a wide range of AML Consulting Services in Bahrain in the area of anti-money laundering and counter-terrorist financing compliance.Our expertise, knowledge, and industry experiences enhance the comprehensiveness and quality of every service we provide to our clients.Our AML specialists, compliance experts, financial analysts, technology enthusiasts, economists, policymakers, strategic decision-makers, law enforcement executives, and data scientists work together to ensure that you get the best AML/CFT consultancy services possible throughout your AML journey.
We assist our clients in Bahrain with essential AML consulting services to help them attain a higher level of AML compliance, based on our knowledge in compliance, AML policies and processes, risk management, and KYC regulations.We’re committed to making your AML compliance journey as painless, effective, and efficient as possible.Our goal is to ensure that you are fully AML Compliant, so you may focus on your business growth opportunities.
We understand your business risks and create appropriate AML/CFT frameworks, policies, procedures, and controls to help with compliance.
We assist you in setting up an AML Compliance Department, selecting the best AML professionals, and defining their roles and responsibilities.
We recommend and conduct relevant AML/CFT training for your Compliance Officer, employees, directors, and senior management to expedite your compliance process.
We help assess your current AML/CFT policy, procedures, and compliance levels, and recommend the improvements and enhancements needed.
We analyze your AML/CFT requirements and suggest the most suitable and cost-effective software that facilitates your AML/CFT compliance.
Concerning AML/CFT regulations as prevalent in the Kingdom of Bahrain, it has been provided that the Implementing Units shall adopt the Risk-Based approach to mitigate the ML/FT risks
Regarding reporting requirements under AML/CFT regulations in Bahrain, AML Bahrain is there to assist you in such reporting, be it regulatory reporting
AML Bahrain offers managed KYC and customer due diligence services, to assist you in the smooth customer onboarding process while remaining compliant
Quality.Timeliness. Empowerment.
AML consulting services in Bahrain to accomplish AML compliance for your business
We recognize that organizations are stressed by the complicated AML and CFT regulations, legislation, and standards, which must be followed to minimize the risks of terrorism financing and money laundering.AML Bahrain relieves you of the stress of AML/CFT compliance so you can concentrate on your core business.We can help you whether you’re a small business or a major corporation in Bahrain searching for AML/CFT services.
Integrity.Leadership. Freedom.
We protect your brand, ensure ethical processes, and reduce your compliance burden with our AML Consulting Services in Bahrain.
Legislative Decree no. (4) of 2001, On the Prohibition and Combating of Money Laundering and Terrorist Financing is the fundamental law that organizations in Bahrain must follow.A significant regulation is the procedural rule ” Ministerial Order no. (173) of 2017 as amended by Ministerial order (108) of 2018.” Furthermore, many guidelines, posters, infographics for financial institutions and Implementing Units have been issued to comply with the primary rules.
It’s a suspicious transaction if a large cash transfer occurs or a firm is being set-up for no other reason than to hide criminal funds. Furthermore, many currency conversion transactions for the same amount of money or unusually big debit and credit transactions are warning flags.Significant third-party investments made for no apparent cause, as well as unverified identification documents, are indicators of illegal financial activity.Businesses must be on the lookout for such indicators and report them to the appropriate authorities.We can assist you in listing down all such red flag indicators, relevant to your business and industry you are operating into.
We prefer to talk about your AML requirements over the phone or in person.We provide pricing and a timetable for each activity or a package of services based on your needs.