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المصدر
FRA affirms support for AML and terror financing controls
The article discusses the efforts of the General Authority for Financial Control in strengthening the fight against money laundering and terrorism financing within non-banking financial activities. The Authority emphasized the importance of implementing new procedures, such as digital verification of customer identities and linking databases of financing companies, aimed at improving risk monitoring, particularly concerning fraud and money laundering. It also underscored the necessity for institutions to update their due diligence policies in accordance with recent decisions to enhance governance and risk management, thereby supporting market stability and protecting the national economy.
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