Albudaiwi Warns Over Threats to Gulf Security

TDT | Manama

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The Kingdom of Bahrain chaired the 32nd meeting of the Technical Committee on Anti-Money Laundering and Countering the Financing of Terrorism for the Gulf Cooperation Council countries, held as part of Bahrain’s presidency of the 46th session of the Gulf Cooperation Council. The meeting was conducted via video conference with representatives from all member states.

The session was chaired by Shaikha Mai bint Mohammed Al Khalifa, Chief Executive of the National Financial Intelligence Centre and Chair of the Anti-Money Laundering and Counter-Terrorism Financing Committee.

During the meeting, participants reviewed a range of agenda items and discussed the latest developments aimed at strengthening anti-money laundering and counter-terrorism financing frameworks across GCC countries. The committee also followed up on the work of technical teams and joint initiatives currently underway.

The meeting emphasized the importance of continued coordination and cooperation among member states, along with the exchange of expertise and best practices. This, it noted, would enhance the effectiveness of joint Gulf efforts to combat financial crimes and terrorism financing risks, in line with relevant international standards.