In May 2022, MENAFATF published the 3rd Enhanced Follow-Up Report for the Kingdom of Bahrain which assessed the progress Bahrain had made in addressing the technical compliance deficiencies related to anti-money laundering and counter-terrorist financing identified in its Mutual Evaluation report.

The Kingdom of Bahrain found the following recommendations to be re-rated:

• Recommendations 1, 5, 6, 7 and 23 from Partially Compliant to Largely Compliant
• Recommendations 2 and 18 from Largely Compliant to Compliant
• Recommendation 15 re-rated as Largely Compliant

As of May 2022, the Kingdom of Bahrain was therefore “Compliant” on 9 recommendations, “Largely Compliant” on 30 and “Partially Compliant” on 1 of the 40 recommendations.

In order to further strengthen its measures to tackle money laundering and terrorist financing, the authorities of Bahrain requested technical assistance from the EU Global Facility on AML/CFT.

In September 2023, the EU Global Facility delivered its very first technical assistance activity to Bahrain.