Abstract : The main objective of this research is to test the impact of a number of board characteristics on compliance with International Financial Reporting Standard (IFRS) 7 “Financial Instruments Disclosure” in the GCC countries. The current study covers a three-year period from 2018 to 2020 and includes empirical data from six GCC countries: Bahrain, Saudi Arabia, Kuwait, Oman, Qatar, and the United Arab Emirates. Excluding non-financial companies, information was collected from annual reports and corporate governance reports if published separately covering all financial sectors. The sample used in the current research consists of 621 confirmed observations. The study examines the relationship between a number of board characteristics (board size, board ownership, gender diversity, board independence, number of board meetings, educational qualifications of board members, board experience) and compliance with IFRS 7 risk disclosure requirements. The dependent variable (risk disclosure) is measured by an index of risk disclosure requirements according to IFRS 7. The impact of board characteristics on compliance with IFRS 7 risk disclosure requirements is investigated. Risk) using Pearson correlation and multivariate hierarchical multiple regression (HMR) analysis, where eight HMR models were designed and all models were found to be significant except for model 5 which was found to be insignificant. The results revealed that only two independent variables have a significant positive relationship with the risk disclosure requirements of IFRS 7, which are board size and number of board meetings. Only one independent variable has a significant negative relationship with the risk disclosure requirements of IFRS 7, which is gender diversity. Keywords: Board characteristics, GCC countries, IFRS 7, risk disclosure.