Alqanoni

Anti-Money Laundering Law

Art. 4
Status unknownSaudi ArabiaRegulation

Issued by Insurance Authority (ia.gov.sa)

A money laundering offence shall be deemed a separate offence from the predicate offense, and a conviction for the predicate offense shall not be necessary for a conviction for money laundering or to establish that funds are proceeds of crime, whether the crime was perpetrated in the Kingdom or abroad. Intent, knowledge or purpose required as elements of a money laundering offence may be inferred from objective factual circumstances of the case. III. Preventive Measures

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

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