AMLPC, Committees Discuss Enhancing Systems to Counter Money Laundering, Terrorist Financing

The Anti-Money Laundering Permanent Committee (AMLPC) hosted a coordination meeting with relevant Saudi permanent committees today to discuss enhancing systems of countering money laundering, finance of terrorism, and proliferation.

 

The meeting was chaired by Ayman Al-Sayari, governor of the Saudi Central Bank (SAMA) and AMLPC chairman.

 

The meeting discussed mechanisms of cooperation and coordination between the permanent committees in the Kingdom and raising the capacity of concerned public- and private-sector bodies.

 

Participants reiterated the permanent committees’ keenness to consolidate their adherence to international standards and requirements of the Financial Action Task Force (FATF).

 

The Permanent Committee for Combating Terrorism and its Financing at the Presidency of State Security and the Standing Committee for Legal Assistance Requests at the Ministry of Interior participated in the meeting.

 

The meeting also witnessed the participation of the Ministry of Foreign Affairs’ Permanent Committee for Implementing Security Council Resolutions under Chapter VII of the United Nations Charter.

 

 

 

Source: Saudi Press Agency