Anti-Money Laundering Law
Art. 40Status unknownSaudi ArabiaRegulation
Issued by Insurance Authority (ia.gov.sa)
A final judgment providing for the confiscation of funds, proceeds or instrumentalities related to a
money laundering or predicate offense issued by a competent court in another country which is a
signatory to a valid agreement with the Kingdom or on the basis of reciprocity, may be
acknowledged and enforced in the Kingdom if the funds, proceeds or instrumentalities subject of
the judgment can be confiscated, in accordance with laws applicable in the Kingdom.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
Freshness not yet recorded