Insurance Authority (IA) · Violation

The Insurance Authority Imposes a Financial Penalty of SAR 650,000 (Six Hundred and Fifty Thousand Saudi Riyals) on an Insurance Company for Violating Instructions Related to Anti-Money Laundering and Terrorism Financing Requirements

لمخالفتها التعليمات الخاصة بمتطلبات مكافحة غسل الأموال وتمويل الإرهاب هيئة التأمين تفرض غرامة مالية قدرها (650,000) ستمائة وخمسون ألف ريال سعودي بحق إحدى شركات التأمين

No action neededAwareness

PublishedAugust 20, 2026

Effective—

GazetteNot gazetted

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The Insurance Authority Imposes a Financial Penalty of SAR 650,000 (Six Hundred and Fifty Thousand Saudi Riyals) on an Insurance Company for Violating Instructions Related to Anti-Money Laundering and Terrorism Financing Requirements

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