The Egmont Group Thanks the Saudi Arabia Authorities, for their Continuous Commitment to Support the Organization
The Egmont Group relies on members’ contribution and on additional voluntary contributions to enhance international collaboration in the fight against money laundering and terrorist financing.
Over the last 10 years, the Saudi Arabia Financial Intelligence Unit (SAFIU) provided the Egmont Group with a substantial extra annual voluntary contribution, to support the enhancement of international collaboration between FIUs globally.
During the 29th Egmont Group Plenary in July 2023 (Abu Dhabi, UAE), the Head of SAFIU informed the Egmont Group members that SAFIU’s annual extra voluntary contribution to our organization will be increased and extended for the next 10 years.
In addition to this, SAFIU financially supported ECOFEL and fully got involved in the Egmont Group Secondment program, by sending two secondees to the Egmont Group Secretariat.
The Egmont Group wants to deeply thank SAFIU, its Head of FIU and more broadly the authorities of the Kingdom of Saudi Arabia, for their commitment and substantial additional voluntary contributions. This is a clear statement that ML/TF is taken very seriously by the highest authorities of the Kingdom and their efforts greatly contribute to enhance international collaboration in this space.
