AML Compliance Saudi Arabia
Comprehensive anti-money laundering compliance for Saudi businesses — AML programme design, CDD procedures, FATF standards, and SAMA regulatory compliance.
Saudi Arabia's Anti-Money Laundering (AML) framework has significantly strengthened since the Kingdom's FATF mutual evaluation — with SAMA, the Capital Market Authority (CMA), and the Ministry of Commerce all imposing specific AML obligations on the entities they regulate. For Designated Non-Financial Businesses and Professions (DNFBPs) — including accountants, lawyers, real estate agents, and dealers in precious metals — AML obligations under Saudi Arabia's AML Law are directly enforceable.
Intelli Solutions provides full-spectrum AML compliance services for Saudi businesses and regulated entities — from designing and implementing AML/CFT programmes and customer due diligence (CDD) procedures to AML officer support, staff training, and annual compliance reviews.
Saudi Arabia AML Framework
AML Law & Regulations
Saudi Arabia's AML Law (Royal Decree M/20) and its Implementing Regulations impose AML obligations on all financial institutions and DNFBPs — including reporting suspicious transactions, implementing CDD, and maintaining transaction records.
SAMA AML Requirements
Banks, insurance companies, and payment service providers regulated by SAMA face the most detailed AML requirements — SAMA's AML/CFT Rules mandate a full AML programme including a dedicated MLRO, annual independent review, and real-time transaction monitoring.
DNFBP Obligations
Accounting firms, auditors, real estate agents, lawyers, and dealers in high-value goods must apply CDD to clients, maintain transaction records for 10 years, and report suspicious transactions to SAFIU (Saudi Financial Intelligence Unit).
FATF Recommendations
Saudi Arabia has committed to implementing all 40 FATF Recommendations — and FATF follow-up assessments are driving increasingly rigorous enforcement of AML obligations across all regulated sectors.
Our AML Compliance Services
AML Risk Assessment
Business-wide AML risk assessment — identifying products, customers, geographies, and channels that present the highest money laundering and terrorist financing risk.
AML Programme Design
Designing a risk-based AML/CFT compliance programme — policies, procedures, CDD standards, ongoing monitoring, and suspicious activity reporting protocols.
CDD Implementation
Customer Due Diligence procedures — KYC documentation requirements, beneficial ownership identification, PEP screening, and sanctions screening against UN, OFAC, and Saudi lists.
Staff Training
AML awareness training for all staff — recognising red flags, CDD responsibilities, STR reporting obligations, and tipping-off prohibitions.
Annual AML Review
Independent annual review of the AML programme — assessing effectiveness, identifying gaps, and producing the compliance report required by regulators.
Related Services
AML Compliance Saudi Arabia
Frequently Asked Questions
Other Services
Does Your Business Have an AML Compliance Programme?
AML programme design, CDD implementation, and staff training for Saudi businesses. Free AML gap assessment.