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Saudi Arabia commits to wage battle against money laundering

Saudi Central Bank Governor Al-Sayari told the Financial Action Task Force the kingdom is aligning its regulatory framework with global standards

MANDEL NGAN/AFP via Getty Images)

Saudi Central Bank Governor Ayman Al-Sayari at IMF/World Bank meetings in Washington, D.C., in 2024

Saudi Arabia says it’s stepping up efforts to combat illicit financial activity.

Saudi Central Bank Governor Ayman Al-Sayari said during a meeting of the Financial Action Task Force in Washington, D.C., last week that the kingdom is...