In light of the escalating cross-border financial threats, the Kingdom has established an integrated legislative framework to combat money laundering. This framework is based on the provisions of the Anti-Money Laundering Law and its Implementing Regulations, aiming to enhance financial integrity and protect the national economy from illicit operations.

Key Anti-Money Laundering Services:

• Preventative Legal Advisory Providing specialized legal consultations on Anti-Money Laundering policies and ensuring their alignment with the specific nature and operations of each entity.

• Compliance & Due Diligence Frameworks Preparing and updating internal compliance manuals and Customer Due Diligence (CDD) files in accordance with the requirements of regulatory authorities.

• Representation during Investigations Representing clients in investigations related to suspicious money laundering transactions before security and regulatory agencies.

• Criminal Defense & Litigation Providing statutory defense in criminal cases involving money laundering and drafting legal memoranda and pleadings before the Competent Criminal Courts.

• Institutional Support & Risk Assessment Advising financial and non-financial institutions on handling reports, conducting risk assessments, and monitoring suspicious transactions.