Bahrain Middle East leader in money-laundering prevention

Around 40 employees at Solidarity have completed a series of five consecutive anti-money-laundering training workshops, conducted under the direction of the Central Bank of Bahrain (CBB) to combat money-laundering operations. During the courses, officials from Solidarity’s legal and compliance division and human-resources department focused on identifying the stages of money laundering, company and staff obligations, including the reporting process.
Solidarity’s workshops aim to support Bahrain’s efforts towards increasing awareness of the means to combat money laundering through emphasising the major role played by the country’s burgeoning financial sector. Ashraf Bseisu, company general manager, said: “There is no doubt that anti-money laundering is a major commitment towards our clients and the CBB. Therefore, we will ensure that all our staff are trained in accordance with international business quality standards and the directions of the central bank.”