Foreign Ministry holds workshop on protecting non-profit organisations from terrorist financing

Manama, Sept. 28 (BNA): Foreign Affairs Ministry drew the participation of top AML/CFT experts and practitioners representing various national entities of Bahrain to participate in a capacity-building workshop organized by the Terrorist Financing Targeting Center (TFTC), on the topic of protecting non-profit organizations from the risks of terrorist financing. This came upon the directives of the Minister of Foreign Affairs, Dr. Abdullatif bin Rashid Al-Zayani, to intensify efforts and increase strategic cooperation to best serve the interests of the Kingdom of Bahrain, These efforts come through the collaboration of the Strategic Affairs Sector with the Terrorist Financing Targeting Center (TFTC), where twenty-two specialists representing various ministries and relevant national bodies in the Kingdom took part in the workshop. The workshop was attended by experts and practitioners from all member countries of TFTC, with the total number of participants reaching nearly 100 participants. Experts from the Financial Intelligence Directorate at the Ministry of Interior delivered the Kingdom’s presentation, which was on the topic of the exploitation of non-profit organizations in financing terrorism. This workshop comes in its third edition this year as part of a series of workshops organized by TFTC, which is based in Riyadh. These workshops serve as a forum for topics specializing in combating money laundering and terrorist financing. The participation of Bahrain in this specialized workshop to build national and regional capacities confirms that the Kingdom prioritizes combating money laundering and terrorist financing. Bahrain implemented active and relentless initiatives to combat terrorism and its financing, by adopting a comprehensive strategy to combat terrorism, based on legal frameworks of relevant legislations and laws. The membership of the Kingdom in the TFTC and its cooperation with the co-chairs of the center, the Kingdom of Saudi Arabia and the United States of America, reflects the strength of the existing bilateral relations, and demonstrates the role and importance of strategic partnerships in raising the capabilities and skills of national cadres, training experts and exchanging ideas on the best practices to enhance joint efforts to combat terrorism and its financing on a global scale.