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المملكة: Endowments: The study of 1124 violations on the counterparts … and the rise in the average of the endowments by 45%
It was revealed The General Endowment Authority on a great escalation in its supervisory and supervisory efforts on the endowment sector, with the aim of enhancing its commitment to regulations related to combating money laundering and terrorist financing. For procedures.
According to the report, the commission carried out 137 control examinations to ensure the compliance of the sector, and it also carried out Evaluating the risk related to money laundering and financing terrorism for 3 thousand stops. href =" target ="_Blank"> Field follow -up and tests resulted in an increase in the reports submitted on the endowments by 45%, as they reached 1040 reports. This number reflects the growing societal awareness and confidence in the regulatory channels provided by the authority to report any suspicious practices. It reached 365%, which confirms the seriousness and effectiveness of the regulatory system in achieving deterrence and ensuring the integrity of the endowment sector.
Risk evaluation and field follow -up
According to the report, the commission carried out 137 control examinations to ensure the compliance of the sector, and it also carried out Evaluating the risk related to money laundering and financing terrorism for 3 thousand stops. href =" target ="_Blank"> Field follow -up and tests resulted in an increase in the reports submitted on the endowments by 45%, as they reached 1040 reports. This number reflects the growing societal awareness and confidence in the regulatory channels provided by the authority to report any suspicious practices. It reached 365%, which confirms the seriousness and effectiveness of the regulatory system in achieving deterrence and ensuring the integrity of the endowment sector.
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