Alqanoni

Anti-Money Laundering Law

Art. 29
Status unknownSaudi ArabiaRegulation

Issued by Insurance Authority (ia.gov.sa)

The court may reduce the sentence of the convicted person as clarified in Article 30, if perpetrator reports to authorities about the money laundering crime, before they have knowledge, other perpetrators to the crime, and if such reporting leads to arresting the perpetrators or seizing crime instrumentalities or proceeds.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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