The Ministry of Economy extends its greetings and best wishes of continuous success
Cabinet Decision No. 3/1w fo 2019 and Cabinet Decision No. 28w4/m of 2019, which vest in the Ministry of Economy the duty of supervising and regulating Designated Non-financial Businesses and Professions (DNFBPs) of entities operating in the State, including the entities operating in commercial free zones, confronting money laundering crimes and combating financing Terrorism and the financing of illegal organization and Accreditation as a regulator.
In the framework of the Ministry of Economy’s endeavors to facilitate task and simplify procedures that must be implemented to achieve international requirements and obligations regarding Anti-Money Laundering and Combating Financing of Terrorist (AML/CTF), and in implementation of the relevant legislation set forth below, we seek to explain and clarify all written requirements in the texts of this circular or in videos and associated explanatory documents.
The Anti-Money Laundering Department works with you to enforce Anti-Money Laundering and Combating Financing of Terrorist (AML/CTF) legislation, Pursuant to...