1/1 - The following terms and phrases - wherever mentioned in the Law and its Implementing Regulation - shall have the meanings assigned thereto unless the context requires otherwise:

1/2 - All activities and financial transactions mentioned in Para (7) of this Article are as following:

1/3 - The Commercial and Profession activities mentioned in Para (8) of this Article are as following:

1/4 - The Supervisory Authority as stipulated in para (12) of this Article are:

1/5 - All activities and works mentioned in Para (16) of this Article are as following:

1/6 - The competent Authority stipulated in para (13) of this Article are:

* The "Saudi Arabian Monetary Agency" was replaced By the "Saudi Central Bank" in accordance with The Saudi Central Bank Law No. (M/36), dated 11/04/1442H, corresponding to 26/11/2020G.

2/1

The money laundering offense under the law apply, according to the law, to the person who committed the predicate offense and participated in money laundering crime.

5/1

Financial institution or designated non-financial business and profession shall identify asses and document their money laundering risks in writing, and regularly update its money laundering risk assessment and any underlying information, and keep both the report and any underlying information readily available for the supervisory authority. The nature and extent of the risk assessment shall be appropriate to the nature and size of the financial institutions’ or designated non-financial businesses and professions’ business.

5/2

Financial institution or designated non-financial business and profession when assessing its money laundering risks, shall give consideration to the following:

5/3

When carrying out a risk assessment, a financial institutions and designated non-financial businesses or professions shall take into account the any risks identified on the national level and any variables which may increase or decrease the money laundering risk in a specific situation, including:

5/4

Based on the outcome of the risk assessment, a financial institutions or designated non-financial businesses and professions shall develop and implement internal policies, controls and procedures against money laundering that set out the appropriate level and type of measures to manage and mitigate the risks that have been identified; to monitor the implementation of those policies, controls and procedures; and to enhance them as necessary.

5/5

For higher level of risks the financial institution or designated non-financial business and profession shall apply enhanced mitigation measures; for a lower level of risks a financial institution or designated nonfinancial businesses and profession may apply simplified measures to manage and mitigate the risks. Simplified measures shall not be permitted if there is a suspicion of money laundering.

5/6

A financial institution or designated non-financial business and profession shall identify and assess the money laundering risks that may arise from the development of a new product, business practice or delivery mechanism, or from the use of a new or developing technology for new or pre-existing products. The risk assessment shall be carried out prior to the launch of the new product, business practice or delivery mechanism or prior to the use of the new technology. A financial institution or designated non-financial business and profession shall take appropriate measures to manage and mitigate the identified risk.

7/1

A financial institution or designated non-financial business and profession shall undertake due diligence measures at the following times:

7/2

Due diligence measures shall be based on risk and, at a minimum, comprise of the following:

7/3

A financial institution or designated non-financial business and profession shall verify the identity of the customer and beneficial owners before or during the course of establishing a business relationship or opening an account; or before carrying out a transaction for a customer with whom the financial institution or designated non-financial business and profession is not in an established business relationship. Where the money laundering risk is low, a financial institution or designated non-financial business and profession may complete verification of the customer’s identity as soon as practicable after the establishment of the business relationship if postponing the verification is essential not to interrupt the normal conduct of business and the financial institution or designated non-financial business and profession shall apply appropriate measures to manage the money laundering risk. The financial institution or designated nonfinancial business and profession shall take measures to managing the risk in the circumstances where the customer benefit from the business relationship before the verification is completed.

7/4

In addition to the measures under Section 7/2, a financial institution shall, in relation to a beneficiary of a saving and protection insurance or other investment related insurance policy, apply the following due diligence measures as soon as the beneficiary is identified or designated:

In all cases, a financial institution shall verify the identity of the beneficiary prior to a payout under the insurance policy or prior to the exercising of any rights related to the policy.

7/5

A financial institution, when determining whether enhanced due diligence measures are required in relation to a specific policy, shall take into account risk factors relating to the beneficiary of the policy and, if the financial institution considers that a beneficiary poses a higher risk, shall in all cases identify and verify the identity of the beneficial owner of the beneficiary at the time of payout.

7/6

A financial institution or designated non-financial business and profession shall carry out ongoing due diligence on all business relationships in accordance with the risks posed, verify the transition throughout the business relationship to ensure the consistency with customer’s data, activities and risk posed by customer. Also It should be ensured that documents, data and information collected under the due diligence process is kept up-dates and relevant by undertaking reviews of existing records, in particular for higher risk customers.

7/7

A financial institution or designated non-financial business and profession shall apply due diligence measures to customers and business relationships that existed at the date of coming into force of the Law and this Implementing Regulations. A financial institution or designated non-financial business and profession shall apply due diligence measures to existing customers and business relationships based on materiality and risk and conduct ongoing due diligence on such existing customers and business relationships at appropriate times, taking into account whether and when due diligence measures have previously been undertaken, and the adequacy of data obtained.

7/8

A financial institution or designated non-financial business and profession that is unable to comply with the due diligence obligations may not open the account, establish the business relationship or carry out the transaction; or in relation to existing customers or business relationships, shall terminate the business relationship; and shall in all cases consider submitting a suspicious transaction report to the Directorate.

7/9

Where a financial institution or designated non-financial business and profession has a suspicion of money laundering and it reasonably believes that performing due diligence may tip off the customer, it may opt to not carry out due diligence measures and shall submit a suspicious transaction report to the Directorate of financial intelligence , and stating the reasons as to why due diligence was not applied.

7/10

A financial institution or designated non-financial business and profession may rely on another financial institution or designated non-financial business and profession to perform identification and verification of the customer; identification and verification of the beneficial owner; and to take the necessary measures to understand the nature and intended purpose of the business relationship.

7/11

If financial institution or designated non-financial business and profession place reliance on another party as stated in 7/10, they shall do the following:

The ultimate responsibility of all requirements stipulated in this law and its implementing regulation relay on the requesting financial institution and designated non-financial business and profession.

7/12

when a financial institution is being relied upon by another domestic or foreign financial institution, confidentially requirements under Saudi law shall not preclude a financial institution from exchanging information as required for the reliant party to determine whether the relied upon financial institutions applies appropriate standards

7/13

A financial institution or designated non-financial business and profession that relies on a financial institution or designated non-financial business and profession that is part of the same financial group may consider that the financial institution or designated non-financial business and profession relied upon meets the requirements under Article 7/10 and 7/11 provided the group applies due diligence and record keeping requirements in line with the Law and this Implementing Regulation, the implementation of such policies is supervised at the group level by a competent authority and any higher country risk is adequately mitigated by the group’s policies and controls.

7/14

A financial institution or designated non-financial business and profession shall determine the extent and depth of application of due diligence measures under Article 7 of the Law based on the types and levels of risk posed by a specific customer or business relationship.

Where the risk of money laundering is higher, a financial institution or designated non-financial business and profession shall apply enhanced due diligence measures consistent with the risks identified. Where the risk of money laundering is lower, a financial institution or designated non-financial business and profession may conduct simplified due diligence measures provided there is no suspicion of money laundering, in which case simplified due diligence shall not be permitted. The simplified measures shall be commensurate with the lower risk.

8/1

The person 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 is consider as “politically exposed person”, it shall comprise the following:

8/2

The obligations under Article 8 of the Law shall apply in relation to politically exposed persons, their close associates and family members.

8/3

A family member of a politically exposed person shall include any individual who is related to a politically exposed person by blood or marriage up to the second degree.

8/4

A close associate of a politically exposed person shall include any natural person who is known to have joint beneficial ownership of a legal entity or legal arrangement or who is in a close business relationship with the politically exposed person, or who has a beneficial ownership of a legal entity or legal arrangement which is known to have been set up for the benefit de facto of a politically exposed person.

8/5

A financial institution or designated non-financial business and profession shall in relation to politically exposed persons from a foreign country, obtain senior management approval before establishing or continuing such a business relationship; take reasonable measures to establish the source of wealth and the source of funds of the politically exposed person; and conduct enhanced ongoing monitoring on the business relationship; and the same applied in relation to politically exposed persons from the Kingdom, in case of a higher risk of money laundering.

8/6

A financial institution shall take the reasonable measures to determine whether the beneficiaries or the beneficial owner from the saving and protection policy or any other investment insurance policy, before the payout of the policy prior to the exercising of any rights related to the policy, are PEPs, if so, the FI shall inform the senior management before the payout or prior to the exercising of any rights related to the policy, and conduct enhanced scrutiny on the business relationship, and consider making a suspicious transaction report.

9/1

Before entering into a cross-border correspondent relationship, a financial institution shall apply the following risk mitigating measures:

9/2

Where a financial institution registered and licensed in the Kingdom enters into a correspondent relationship in order to receive services from a foreign correspondent financial institution, confidentially requirements under Saudi law shall not preclude the financial institution from providing to the foreign institution the information and documents required for the foreign institution to satisfy itself that the conditions under 9/1 (a) and (b) are met.

10/1

Article 10 of the Law shall apply to cross-border wire transfers and domestic wire transfers in any currency, including serial payments and cover payments, which are received, or sent or processed by a financial institution in the Kingdom, including credit or debit or prepaid card, mobile phone or other digital or IT prepaid or postpaid device that are used to effect a person-to-person transfer of funds. The scope of the Law does not extend to a transfer that

10/2

Originator information shall include:

Beneficiary information shall include:

10/3

A financial institution that orders a wire transfer shall include required and verified originator information and required beneficiary information with each wire transfer. In case of a suspicion, an STR shall be submitted according to Article 15 of the Law. If a financial institution cannot comply with its obligations under this provision, it shall not order the wire transfer.

10/4

Where several individual cross-border wire transfers from a single originator are bundled in a batch file for transmission to several beneficiaries, the ordering financial institution shall include in the batch file the required and verified originator information; the required beneficiary information that is fully traceable within the beneficiary country; and the originator’s account number of unique transaction reference number.

10/5

For domestic wire transfers, the obligations set out in Article 10/3 shall apply unless the ordering financial institution is in a position to make all required originator and beneficiary information available to the financial institution ultimately receiving the wire transfer or competent authorities by other means, in which case the ordering financial institution may only include the account number or a unique transaction reference number that permits the transaction to be linked with the relevant originator or beneficiary information. The ordering institution shall make the required and verified originator and required beneficiary information available within three business days upon receiving a request for such information from the financial institution ultimately receiving the wire transfer or a competent authority.

10/6

A financial institution shall maintain all originator and beneficiary information in accordance with Article 12 of the Law.

10/7

For cross-border wire transfers, a financial institution processing an intermediary element of the payment chain shall ensure that all originator and beneficiary information that accompanies a wire transfer is retained with it, and shall keep all wire transfer information including originator and beneficiary information in accordance with Article 12 of the Law.

10/8

Where technical limitations prevent the required originator or beneficiary information accompanying a cross-border wire transfer from remaining with a related domestic wire transfer, the intermediary financial institution shall keep a record for ten years of all the information received from the ordering or other intermediary financial institution.

10/9

A financial institution ultimately receiving or processing an intermediary element of a wire transfer shall have in place and apply procedures for:

10/10

A financial institution ultimately receiving a cross-border wire transfer shall take reasonable measures to identify cross-border wire transfers that lack required originator or beneficiary information. Such measures may include post-even monitoring or real-time monitoring where feasible. , if the identity has not been previously verified, a financial institution ultimately receiving the transfer shall verify the identity of wire-transfer sender’s information and maintain this information in accordance with Article 12 of the Law.

10/11

Confidentially requirements under Saudi law shall not preclude a financial institution from exchanging information with other domestic or foreign institutions that are processing any part of the transaction as required to comply with the provisions under this Article.

14/1

The policies, procedures and internal controls shall be proportionate to the nature and size of the financial institution or designated non-financial business and profession’s business and shall address the following:

14/2

A financial group shall implement a group-wide program against money laundering, apply the internal policies, controls, procedures to all of its branches and majority-owned subsidiaries and ensure effective implementation thereof by all branches and majority-owned subsidiaries. In addition to the issues set out in subsection 14/1, a group level policy shall address also the sharing of information between all members of the group; the provision of customer, account and transaction information to group-level compliance, audit or anti-money laundering functions; and the safeguarding of confidentiality and use of the information exchanged.

14/3

Where the anti-money laundering requirements of a foreign country are less strict than those imposed under the Law and this Implementing Regulation, a financial institution or designated non-financial business and profession shall ensure that its branches and majority-owned subsidiaries operating in that foreign country apply measures consistent with the requirements under the Law and this Implementing Regulation. If the foreign country does not permit the proper implementation of such measures, the financial institution or designated non-financial business and profession shall inform the Saudi supervisory authority of this fact and take any additional measures necessary to appropriately manage and mitigate the money laundering risks associated with its operations abroad. The financial institution or designated non-financial business and profession shall comply with any instructions received from the supervisory authority in this regard.

15/1

Suspicious reporting requirement stipulated under this article shall include the following:

15/2

The reporting obligation under Article 15 of the law applies regardless of the amounts involved.

15/3

A financial institutions, designated non-financial businesses and professions, or NPO shall implement indicators of suspected acts of money laundering. These indicators shall be updated on a continuous basis according to the development and diversity of methods used to carry out such acts, while complying with the publications of supervisory authorities in this regard.

15/4

The reporting shall be provided as per the form adopted by the Directorate, and as minimum shall include the following information:

The directorate of financial intelligence shall further specify the manner in which reports under this Article are to be made and the information that shall be transmitted as part of the report.

16/1

The protection under Article 16 of the Law shall include protection from any criminal, civil, contractual, disciplinary or administrative liability and applies also in situations where the financial institution or designated non-financial business and profession or its employees or directors did not know precisely what the underlying criminal activity of the reported transaction was and regardless of whether illegal activity actually occurred.

17/1

The General Directorate of Financial Intelligence shall be headquartered is located in Riyadh and it may open other branches in regions of the Kingdom, shall assume the following functions:

17/2

The Directorate shall conduct the following:

17/3

The Directorate of financial intelligence shall protect the information it received or maintains by:

17/4

The Directorate of financial intelligence shall be operationally independent and autonomous by:

17/5

All domestic and international obligations under the former name (Financial Investigation Unit) shall be referred to The Directorate of financial intelligence.

18/1

The Directorate of financial intelligence is authorized to request additional information directly from a financial institution if that financial institution has submitted a report under Article 15 of the Law and the Directorate’s request is in relation to a transaction or person mentioned in this report. In all other cases, the Directorate may request and the financial institution shall provide the requested information through the supervisory authority.

18/2

The Directorate of financial intelligence is authorized to request additional information directly from a designated non-financial business or profession in all cases, whether or not that designated non-financial business or profession has submitted a report under article 15 of the Law, or the Directorate’s request is in relation to such report. The Directorate does not have to consult or involve the supervisory authority.

19/1

When disseminating any information or the results of its analysis to competent authorities, the Directorate of financial intelligence shall use dedicated, secure and protected channels.

20/1

The Directorate of financial intelligence shall ensure that their staff members have the necessary security clearance.

20/2

The Directorate of financial intelligence shall take appropriate measures to ensure that their employees understand their responsibility in dealing with sensitive information, and its dissemination

22/1

Where the Directorate of financial intelligence receives information from a foreign counterpart, it shall use the information received only for the purpose for which it was sought, unless the foreign counterpart grants its approval that the Directorate may use the information obtained for another purpose. The Directorate provide the feedback for the foreign counterpart, if feasible and upon request it receives, on the information disseminated by the counterpart agency, or the outcome of the result based in the information provided.

23/1

The value threshold for declarations under Article of the Law shall be SAR 60.000 or its equivalent , which include currency, bearer negotiable instrument, precious metals or stones or jewelry that have to be declared when entering or exiting the kingdom Declarations under Article 23 of the Law shall be made in writing and in accordance with the approved template.

23/2

For the benefit of performing his functions under this Chapter, a customs official shall have the power to stop and search any person or vehicle, including cargo containers and postal deliveries exiting or entering the Kingdom and shall have available all powers provided for in the Common Customs Law. All powers shall be applied and searches be carried out in accordance with Common Customs Law, its Implementing Regulation and relevant Administrative Resolutions including how the inspection is preformed

23/3

The General Directorate of Customs may stop or seize, partially or in full, any currency, bearer negotiable instrument, gold bars, precious metals or stones or jewelry for up to (72) hours, in the following cases:

The General Directorate of Customs shall immediately inform the Public Prosecution of the seizure, the General Directorate of Customs shall request and obtain additional information from the carrier about the origin and the intended use thereof.

23/4

The General Directorate of Customs shall prepare an incident report. In case the measure was taken by another security agency, the security agency shall prepare an incident report and refer the case to the General Directorate of Customs. Then the custom conduct preliminary investigation, and the reasons of declaration failure, false declaration, or suspicions of money laundering or predicate offence. Seized items are deposited by customs in account designated for within the custom.

23/5

Prior to expiration of the provisional seizure, the General Directorate of Customs shall ask the Public Prosecution to extend the seizure, and the Public Prosecution may inform the Custom to extend the provisional seizure to a period not exceeding 60 days, according to the law. If there is a need to extend the provisional seizure, if there are reasonable grounds for the suspicion or that the continued detention of the seizure items is justified while its origin or derivation is further investigated or consideration is given to instituting a criminal investigation related to the predicate offense or ML crimes, the Public Prosecution may ask the competent court as per the provision stipulated in the Criminal Procedures law, and the Public Prosecution shall investigate on the origin of the funds and the intended use.

23/6

Any person who fails to or makes a false declaration, and the custom convinced on the reasons behind that, and provided that no suspicious related to the ML or predicated offences, the custom shall impose a fine for 25% of the seizure items if the first time, 50% for any repeating cases.

23/7

In all case, if there is suspicious related to predicted offences or ML, after completing the initial procedures, the case shall be refer to the Public Prosecution for further investigation, and notification shall be made to the Directorate of financial intelligence.

23/8

In case a departing traveler was carrying gold bar or precious metal or stone or jewelry of a value exceeding SAR 60,000 when departing or entering the Kingdom, he/she shall visit Customs offices at the port to declare them, and present a receipt of purchase to confirm their value. If it turned out that the goods are for commercial purposes, the ‘Common Customs Law and its Implementing Regulations’ shall apply.

23/9

Upon declaration, a customer officer shall ensure the validity of money not being forged or forfeited.

23/10

In the case of not notifying the Public Prosecution and Custom of the required procedures, the custom shall request the Public Prosecution to left the seizure on the currency, bearer negotiable instrument, precious metals and stones, gold bars, or jewelry.

23/11

These measures shall apply to companies, financial institutions, designated non-financial businesses and professions, non-profit organizations, gold vendors, Hajj and Umra missions and service providing companies concerned with transferring cash, postal and non-postal packages and shipments, while preserving their right to conduct business.

23/12

Saudi Customs shall establish a database including the information contained in decoration form, the incident reports; other related information, the suspicious cases of ML or predicted offences, while notifying the General Directorate of Financial intelligence immediately, and provide access to the Directorate, and the Directorate request more information.

23/13

Saudi Customs shall prepare and develop a declaration form as provided for in this Article in coordination with other authorities and distribute it to ports of entry/exit.

23/14

The General Directorate of Customs, in coordination with other competent authorities, shall take the necessary measures to inform the instructions with all possible means, and provide prominent warning sign in all boarder ports, illustrating procedure and sanctions to be applied against violators.

23/15

If within 60 days from the first seizure by the General Directorate of Customs no person has asserted a claim to the seized currency, bearer negotiable instrument, gold bar, or precious metal or stone or jewelry; or if the suspect has escaped or could not be caught, the currency, gold bar, bearer negotiable instrument, precious metal or stone or jewelry shall be considered to be unclaimed and shall be processed in accordance with the provisions of the Common Customs Law in dealing with unclaimed and relinquished goods.

23/16

The General Directorate of Customs may, acting on its own initiative or upon request, cooperate and exchange available and accessible information with or carry out inquiries for a foreign counterpart agency in relation to a money laundering or predicate offense investigation or inquiry, or for the purpose of identifying, tracing or seizing or confiscating proceeds of crime or instrumentalities.

24/1

A supervisory authority may exchange the following information with foreign counterparts where such information is requested by the foreign counterpart for anti-money laundering purposes:

24/2

Where a supervisory authority obtains information from a foreign counterpart, the supervisory authority shall obtain authorization from the foreign counterpart prior to any dissemination or use of the information received. And where a supervisory authority is obliged of declaration or reporting of information, then it shall inform the counterpart of this obligation.

24/3

A supervisory authority may apply supervisory measures on behalf of foreign counterparts and, as appropriate, facilitate the ability of the foreign counterpart to carry out consolidated group supervision.

24/4

A supervisory authority may exempt a specific category of reporting entities from the requirement in Article 5 of the Law to carry out an institutional risk assessment, if the supervisory authority has confirmed that the identified risks of the sector are clear and understood, or that a specific activity carried out by the financial institution or designated non-financial business and profession is of a low risk.

24/5

A supervisory authority may instruct a financial institutions or designated non-financial business and professions to take certain measures in relation to foreign branches and majority-owned subsidiaries that pose a higher risk, including placing additional controls on the branch or majority-owned subsidiary or the financial group, or requesting the financial group to close down its operations in the host country.

24/6

A financial institution or designated non-financial business and profession shall comply with any instructions, rules, guidelines or any other instruments issued by a supervisory authority, including an order under Article 24 (b) of the Law to provide any information as specified by the supervisory authority.

28/1

A Ministry of interior is authorized to expel non-Saudi sentenced to prison on money laundering offences, and never return to the kingdom unless for Umra and Hajj.

36/1

In the implementation of this Article regarding funds, proceeds or instrumentalities subject to confiscation, the Council of Ministers’ Resolution no. 48, dated 18/2/1421H shall be taking into consideration.

37/1

The competent authority mentioned under this article that are competent to disposal of fund or confiscated instrumanlities is the authority that made the provisional seizure.

37/2

The competent authority mentioned under this article that are competent to share confiscated funds is the Permanent Committee on Mutual Legal Assistance.

38/1

The Public Prosecution may exchange domestically available or accessible information with foreign counterparts for intelligence or investigative purposes relating to money laundering and associated predicate offenses, including for purpose of identifying, tracing or securing proceeds of crime or instrumentalities. The Public Prosecution may use all of its powers available in a domestic case also to conduct inquiries and obtain information on behalf of a foreign counterpart.

38/2

Criminal investigating officers, each within their own purview, in coordination with competent authorities may exchange domestically available or accessible information with foreign counterparts for intelligence or investigative purposes relating to money laundering and associated predicate offenses, including for purpose of identifying, tracing or securing proceeds of crime or instrumentalities. Criminal investigating officers may use their powers available in a domestic case also to conduct inquiries and obtain information on behalf of a foreign counterpart; and may form joint intelligence teams to conduct cooperative intelligence, or establish bilateral or multilateral arrangements to enable such joint intelligence.

39/1

The competent authority, including the judicial authority, through the Permanent Committee on Mutual Legal Assistance, may provide mutual legal assistance to a foreign country in any investigation, prosecution or judicial proceeding relating to:

39/2

The competent authorities provide all available power given to implement the following types of mutual legal assistance may be provided:

And any other forms of legal assistance that does not contradict with the internal laws of the Kingdom.

39/3

If a foreign country requests a form of assistance not specifically mentioned in this subsection but available under Saudi law for domestic criminal matters, the judicial authority may provide the assistance sought to the same extent and under the same conditions as would be available to competent authorities in a domestic criminal matter.

39/4

Mutual legal assistance may not be refused solely on the grounds that the offense is considered to involve fiscal matters, or based on secrecy or confidentiality provisions.

39/5

Where a request for mutual legal assistance involves non-coercive measures, such assistance may be provided also in the absence of dual criminality. In all other instances, dual criminality is required for mutual legal assistance to be rendered.

39/6

The legal assistance application shall include as much information as possible to facilitate the implementation process, including:

39/7

The Competent authorities may undertake the following:

40/1

Requests for the execution of foreign confiscation orders or rulings, issued by the competent authority or court in the requested country, shall be executed according to the competent law of the kingdom. Any ruling intended to be recognized and executed shall include the following document and information:

40/2

In case of the received requests, where the perpetrator of the crime cannot be prosecuted because of death, escape, absence, or lack of identification, the Committee shall refer the request to the Public Prosecution to take the necessary procedures, provided that the request contains a statement which includes the merits and reasons it was based on, considering that such funds are linked to criminal conduct.

41/1

The extradition process is governed by the bilateral agreements signed between the kingdom and the requested country, or multilateral agreements ratified by the kingdom as per the applicable law.

41/2

The Kingdom may refuse to extradite Saudi nationals. Where a request for extradition is denied based on nationality of the accused or convict, the public prosecution shall, without delay, determine whether there are grounds for prosecution of the offense set forth in the request.

41/3

Extradition shall be subject to dual criminality. The dual criminality principal is available when the request country and the kingdom criminalized the act subject to the extradition, regardless the classification of the act as per the criminal laws.

41/4

The following requirements shall be included in the extradition:

42/1

The Permanent Committee for Mutual Legal Assistance at the Ministry of Interior shall arrange for the execution of mutual legal assistance requests and for any arrangements deemed necessary to transmit the evidentiary material gathered in response to a request for assistance to the competent authority of the requesting State. Where a request for mutual legal assistance results, directly or indirectly, in the confiscation of funds, the Permanent Committee for Mutual Legal Assistance shall determine whether the confiscated funds shall be shared with the requesting country.

43/1

The supervisory authority, when receiving request from the public prosecution to provide records, documents, or information subject to confidentiality, shall, without delay and prior notice to the party concerned, forward the order to the financial institution, requesting it to produce the requested records, documents or information within the timeframe and in the manner and form as stipulated in the order.

43/2

Immediately upon receiving of the produced records, document or information, the supervisory authority shall notify the Public Prosecution of that fact and provide the produced records, documents or information, as and within the timeframe stipulated by the Public Prosecution.

43/3

The supervisory authority shall not have any power to review any orders issued by the Public Prosecution on the merits, to refuse its assistance in the implementation of any particular order, or to filter or withhold any records, documents or information produced by the financial institution.

49/1

The investigating officer, may issue a reasoned order permitting an investigating officer to conduct an undercover operation for the purpose of gathering evidence of a money laundering or predicate offense. An undercover operation is an operation for intelligence conduct by the investigation officer to gain evidence or information related to the criminal behavior.

49/2

Investigating authorities may conduct or participate in a controlled delivery under the supervision of Ministry of interior.

49/3

Investigating authorities may take the necessary measure to reach the perpetrator.