As part of the Capital Market Authority’s effort to promote fairness and transparency of the Capital Market and protect Authorised Persons and their clients from illegal transactions that may involve money laundering, terrorist financing or any criminal activities, and based on the CMA`s efforts to continuously develop the Anti-Money Laundering and Counter- Terrorist Financing Rules, the CMA Board has issued its decision number (1-32-2011) and dated 25/11/1432H, 23/10/2011 to amend paragraph (1) Article (2), paragraph (1) Article (9), Article (10), paragraph (b-5) of Article (14) and Annex (1) of the Anti-Money Laundering and Counter- Terrorist Financing Rules. The amended Rules can be viewed on the CMA’s website on the following link:
http://cma.org.sa/En/Documents/AML%20%20amended%20Final.pdf