Guidance on Assessing Business Risks Related to Money Laundering, Terrorist Financing, and Proliferation Financing

The Financial Institution should ensure that any update to the Business Risk Assessment is documented and commensurate with the level of Risk, in a manner consistent with the baseline assessment. Chapter IV: Final Provisions 4.1 The Guide does not supersede the requirements and conditions set out in the relevant regulations, instructions, and decisions, provided they do not conflict with its provisions. 4.2 The Guide shall enter into force from the date of its publication on SAMA's website.