Legal & Compliance

We continuously strive to improve the level of compliance in all our activities. The Bank has an independent Compliance function that reports to the Audit and Compliance Committee. The Compliance function acts as a focal point for all regulatory compliance and for adapting any best practice compliance principles. The Compliance Department is responsible to monitor and, on a regular basis, to assess the adequacy and effectiveness of the measures and procedures put in place and the actions taken to address any deficiencies in the Bank’s compliance with its obligations; and to advise and assist the relevant persons responsible for carrying out regulated activities to comply with the stated obligations under the regulatory system.

Implementing appropriate systems, processes and controls to combat Anti-money laundering and terrorist financing activities form an important activity of the AML Unit within the compliance function. We have also deployed a risk based automated transaction monitoring system and implemented relevant procedures and controls to facilitate appropriate monitoring and detection mechanism.

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Portfolio Analyst
Portfolio Analyst Bahrain, BH 23-May-2019
Bahrain, BH 23-May-2019