Anti-Money Laundering Law
Art. 8Status unknownSaudi ArabiaRegulation
Issued by Insurance Authority (ia.gov.sa)
FIs and DNFBPs shall use appropriate systems to determine whether a customer or beneficial
owner is or has become assignee with a prominent public function in the Kingdom or a foreign
country; or with a senior management position in an international organization and if so, apply
additional measures as prescribed by the Implementing Regulation.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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