Public Prosecution, Capital Market Authority Cooperate in Anti-Money Laundering

  • 2/25/2023
  • 07:00
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Riyadh, March 24, 2021, SPA - Attorney General Sheikh Saud bin Abdullah Al-Mua'jab here today signed a memorandum of understanding with Chairman of Capital Market Authority Mohammed bin Abdullah Al-Quwaiz in the field of fighting money laundering and financing of terrorism. The memorandum of understanding included several items that frame the work of the two parties in implementing the National Strategy for Anti-Money Laundering and Terrorism Financing, where the MoU puts joint mechanisms to activate coordination and exchanging expertise, in addition to forming an action team to supervise the implementation of the MoU. It is worth mentioning that the Public Prosecution, over the past few months, has signed several memorandums of understanding with local authorities to activate coordination and integration among government agencies in a way that can serve national interests. --SPA 15:31 LOCAL TIME 12:31 GMT 0026 www.spa.gov.sa/w1529994

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