Bahrain’s Parliament has unanimously passed a comprehensive decree-law designed to strengthen the kingdom’s fundraising oversight mechanisms. The new legislation introduces enhanced regulatory requirements aimed at preventing money-laundering and terrorism financing activities within the nation’s financial system.
The decree-law establishes mandatory reporting obligations for fundraising entities and imposes significant financial penalties for non-compliance. Organizations that violate the new regulations face fines reaching up to BD10,000, serving as a strong deterrent against illegal financial activities.
The reform represents Bahrain’s commitment to maintaining international standards for financial security and transparency. By implementing stricter controls and accountability measures, the kingdom strengthens its defense against illicit financial flows and reinforces its position as a responsible financial hub in the Gulf region.
Source: GDN Online | May 08, 2026