The Termination of National Identity and Resident Identity and the Mechanism for Dealing with it by Financial Institutions
| No: 42011654 | Date(g): 14/10/2020 | Date(h): 27/2/1442 | Status: In-Force |
Translated Document
Based on the Article 7 of the Anti-Money Laundering Law issued by Royal Decree No. (M/20) dated 05/02/1439 H, and its implementing regulations issued pursuant to the State Security Presidency Decision No. (14525) dated 19/02/1439 H and Article (17) of Implementing Regulations of the Law of Combating Terrorist Crimes and its Financing, issued pursuant to Cabinet Decision No. (288) dated 02/05/1440 H and referring to the third item related to due diligence measures from the Anti-Money Laundering and Combatting the Financing of Terrorism Guide issued by SAMA Circular No. 486/18318 dated 1441/03/20 H. We would like to inform you of the following:
First) The Ministry of Interior announces the extension of the validity of expired national IDs for two months in the automated systems.
Second) The General Directorate of Passports announces the commencement of the automatic extension of the "Resident Identity" for expatriates inside or outside the Kingdom who are working in the private sector in commercial and industrial professions whose residencies have expired from March 18, 2020, until June 30, 2020, for an additional period of three months.
Given that the regulatory requirements related to due diligence measures mentioned in the Laws of Anti- Money Laundering and Combatting the Financing of Terrorism and their implementing regulations and The Guidance of Anti-Money Laundering and Combatting Terrorist Financing and other related instructions can be applied, and national identities and resident identities can be considered valid according to the two announcements mentioned above. We hope that you will review and take the appropriate measures to implement what was stated in the aforementioned announcements.