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Council of Ministers Decision

Council of Ministers: Decision 748 Approving the Amendment to the Anti-money Laundering Law

Arabic

The Council of Ministers,

after perusal of Royal Court File 83405 dated 19 Shawwal 1447 [7 April 2026], regarding the amendment of the Anti-Money Laundering Law,

after perusal of the Anti-Money Laundering Law issued by Royal Decree D/20 dated 5 Safar 1439 [25 October 2017],

after perusal of Bureau of Experts at the Council of Ministers Memo 3385 dated 30 Ramadan 1447 [19 March 2026] and Memo 3494 dated 12 Shawwal 1447 [31 March 2026],

after perusal of the Secretariat of the Political and Security Affairs Council Telegram 16963 dated 15 Shawwal 1447 [3 April 2026],

after perusal of Council of Economic and Development Affairs Minutes 1554/47/M dated 17 Shawwal 1447 [5 April 2026],

after considering Shura Council Decision 318/25 dated 19 Shawwal 1447 [7 April 2026],

and after perusal of General Committee of the Council of Ministers Recommendation 11341 dated 24 Shawwal 1447 [12 April 2026],

hereby decides

First

The amendment to the Anti-Money Laundering Law issued by Royal Decree D/20 dated 5 Safar 1439 [25 October 2017] is hereby approved in the form attached.

Second

The amendment—referred to in clause First of this decision—comes into force on the day following the date of its publication in the official gazette.

Third

The amendment to article 50 of the Anti-Money Laundering Law—issued by Royal Decree D/20 dated 5 Safar 1439 [25 October 2017]—set out in the amendment to the law—referred to in clause First of this decision—does not prejudice the continued application of the executive regulation issued prior to its entry into force.

A draft royal decree has been prepared in the form attached.

The Prime Minister

Issued on: 27 Shawwal 1447
Corresponding to: 15 April 2026

Published in Umm Al-Qura 5155 issued on 17 April 2026.