Anti-money laundering seminar to be held under auspices of SAMA governor

RIYADH — Under the patronage of the Saudi Central Bank (SAMA) Governor and Chairman of the Anti-Money Laundering Permanent Committee (AMLPC) Fahad Almubarak, the AMLPC in cooperation with London Stock Exchange Group is organizing the 13th Compliance and Anti-Money Laundering Seminar, which will be held on Sunday, Jan. 30, 2022.

In this event, a group of distinguished experts specialized in the field of compliance and Anti-Money laundering, will discuss the latest important topics in the regional and international arena, most notably the opportunities and risks in the virtual asset sector, and the best practices and international experiences applied in identifying the beneficial ownership and financial fraud in the financial technology companies sector.

This seminar is quite relevant to the financial institutions in the Kingdom of Saudi Arabia and the authorities concerned with combating money laundering and terrorist financing, which are keen to participate in the activities of this seminar.

The participants will benefit from the experts and specialists’ discussions, valuable experiences and useful information, which will introduce them to the most important updates and developments in combating financial crimes in general, and anti-money laundering crimes in particular.

Attendees will include officials from compliance, and anti-money laundering functions in financial institutions operating in the Kingdom, and members of the AMLPC as well as relevant departments from the Saudi Central Bank.

This event aims to enhance the level of awareness and compliance in the field of combating money laundering among financial institutions’ employees by identifying the best practices and international experiences in the topics addressed in the seminar.