Commenting on the Kingdom of Saudi Arabia being granted full membership of the Financial Action Task Force (FATF) Minister  of finance  Mohammed al_Jaddan said “We are very glad to gain this membership as a recognition of the considerable steps the country, SAMA, Anti-Money Laundering Permanent Committee (AMLPC) and other Government ministries and agencies have made in implementing and enforcing Anti Money Laundering Legislation and Counter Terrorism Financing legislation and procedures. 

‏This provides another strong indicator of our determination to provide a solid base for our planned financial services growth and to combat money laundering and financing of terrorism and proliferation.

‏However, this is not the end, Saudi Arabia remains fully committed to playing a major role in advancing this agenda in the region and globally.”