14th Compliance and Anti-Money Laundering Seminar Kicks off
انطلاق أعمال الملتقى السنوي الـ 14 للالتزام ومكافحة غسل الأموال بحضور 500 مشارك
The Saudi Central Bank announced the launch of the 14th Annual Compliance and Anti-Money Laundering Seminar on Monday, 20 March 2023, in Riyadh, organized by the Permanent Committee for Anti-Money Laundering in cooperation with Refinitiv, a subsidiary of the London Stock Exchange Group, with the attendance of more than 500 participants. The seminar featured five main working sessions covering topics including developments in international anti-money laundering standards, challenges related to combating weapons proliferation financing, online fraud crimes, the consequences of not applying a risk-based approach in financial inclusion, and opportunities and challenges of relying on third parties in anti-money laundering activities. The Deputy Governor of the Saudi Central Bank for Supervision emphasized that rapidly evolving money laundering crimes pose major challenges to the international community and governments, and reaffirmed the commitment of Saudi Arabia's relevant authorities, including the Saudi Central Bank, to implementing international requirements in this field.
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