CmaBoardReleases
Title: Resolution No. (137) of 2021 Regarding Amending the Rules of Imposing the Measures and Penalties of Anti-Money Laundering and Combating Financing of Terrorism
Having Perused:
- Law No. (7) of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Executive Bylaws, and their amendments; and
- CMA Board of Commissioners Resolution passed in its meeting No. (44) of 2021 held on 08/12/2021.
The Following Was Resolved
Article (1)
Module Sixteen (Anti-Money Laundering and Combating Financing of Terrorism) of the Executive Bylaws of Law No. (7) of 2010 is hereby amended pursuant to Annex (1) attached to this Resolution.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Prof. Ahmad Almelhem
Issued on: 12/12/2021