The Saudi Justice Ministry has issued new guidelines tasking all lawyers to report any suspected cases of money laundering and terrorism financing to the Interior Ministry’s Financial Investigative Unit.
In a recent speech, Saudi Justice Minister Muhammad Bin Abdul Karim Issa, called on all lawyers to take the appropriate action to reduce the threat that money laundering and terrorism financing has on the national security of Saudi Arabia. He called on all Saudi lawyers, and there are 2,115 lawyers registered with the Justice Ministry, to tighten requirements regarding the identification of clients. He stressed that all lawyers must be certain regarding the identity of their clients and who is benefiting from their legal expertise, before establishing any working relations with individuals or companies.
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