مدى التزام المصارف التجارية بتعليمات البحرين المركزي لحد في غسيل الاموال THE COMMITMENT OF COMMERCIAL BANKS TO THE INSTRUCTIONS OF BAHRAIN CENTRAL BANK FOR CURBING MONEY LAUNDERING

المطاوعة, عبد الله أحمد (2015) مدى التزام المصارف التجارية بتعليمات البحرين المركزي لحد في غسيل الاموال THE COMMITMENT OF COMMERCIAL BANKS TO THE INSTRUCTIONS OF BAHRAIN CENTRAL BANK FOR CURBING MONEY LAUNDERING. Masters thesis, جامعة الشرق الاوسط.

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Abstract

This study aimed to cognize the extent of Bahrain Commercial banks' commitment to the instructions of Bahrain Central Bank for curbing money laundry. The study population consisted of 29 commercial banks operating in the Kingdom of Bahrain while the study sample consisted of 14 commercial banks chosen randomly which consisted of higher management represented by (General manager, Department director, Branch manager, Head of department and supervisor) The study concluded a number of results. There is a statistically significant relationship between curbing money laundry (and adherence to the laws and the legislations of the Bahrain central bank Proper internal controls, proper administrative preparations, qualifying employees, verification of the client) In the light of those results the study recommended issuing of informative and awareness enhancing publications by the local banks in cooperation with the international banks to draw attention to the money laundry phenomena and its negative effects on the clients, forming a Control and Inspection Department by the central bank to make periodic visits in order to insure the following of all the instructions related to curbing this phenomena and revealing any violations and obligating the banks to set a special control system for the political clients that enables get information about the source of their wealth and money.

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