Prosecutors in Saudi Arabia have successfully convicted six people who participated in a trade-based money laundering (TBML) operation involving expatriates and Saudi citizens. The convictions follow moves last year by the authorities to improve to streamline the Kingdom’s tax and… Read More ›
Saudi Arabia has announced a memorandum of understanding (MoU) between the country’s Public Prosecution and its General Customs Authority (GCA) to the effect that they will cooperated to detect and prevent money laundering through its trade system. Trade-based money laundering… Read More ›