The Electronic Report Approved by the SAFIU
| No: 606670000067 | Date(g): 12/6/2019 | Date(h): 9/10/1440 | Status: In-Force |
Translated Document
Referring to Council of Ministers Decision No. (42) dated 15/1/1440 H, which includes approval of the national strategic objectives for combating money laundering and terrorist financing, and the national action plan to achieve these objectives, which includes enhancing technical systems in the field of combating money laundering and financing terrorism. Based on Article 15 of the Anti-Money Laundering Law issued by Royal Decree No. (M/20) dated 5/2/1439 H, Article 15/4 of its implementing regulations, Article 70 of the Law on combating the financing of terrorism issued by Royal Decree No. (M/21) dated 12/2/1439 H, and Article 23 of its implementing regulations.
I would like to inform you that the application of the first phase of electronic reporting has started through the link starting from Wednesday 24/9/1440 H, provided that the experience will be evaluated by the end of July 2019.
For your information and action accordingly, and communicate with the General Directorate of Financial Investigations if you encounter any difficulties in the reporting process via the link provided above. Additionally, please inform the Anti-Money Laundering and Terrorism Financing Department at SAMA of any updates in this regard.