Tag: Money Laundering

Saudi Arabia Issues New Rules for Managing Seized and Confiscated Assets

Saudi Arabia has approved amendments to the regulation governing the management of assets seized or confiscated in money laundering, related predicate offences, and terrorism financing cases. The updated regulation is designed to strengthen financial integrity, protect seized assets, and ensure that confiscated funds are managed in a way that supports the Kingdom’s economic and social ... <a title="Saudi Arabia Issues New Rules for Managing Seized and Confiscated Assets" class="read-more" href="https://ksaexpats.com/saudi-seized-assets-rules/" aria-label="Read more about Saudi Arabia Issues New Rules for Managing Seized and Confiscated Assets">Read more</a>