Riyadh: The Arab Forum of Anti-Corruption Agencies and Financial Intelligence Units kicked off on Wednesday in Riyadh, bringing together 600 experts and 75 speakers.
Under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, the forum features the participation of financial intelligence units, anti-corruption agencies, government entities, and international organizations.
The forum aims to establish a clear path for cooperation among government entities in Saudi Arabia and relevant bodies in the region and worldwide and serves as a platform for local and international experts and academic institutions to collaborate.
The forum also presents a strategic opportunity to unify efforts among institutions in combating financial crimes.
At the opening ceremony, the Head of the Presidency of State Security, Abdulaziz bin Mohammed Al-Howairini, emphasized the significance of global stability and the integrity of securi
ty and economic situations.
Al-Howairini highlighted money laundering and terrorism financing activities as major risks that necessitate active international cooperation. He commended the Kingdom’s efforts in combating these risks through legislation, regulatory policies, and exchanging information and expertise with countries and global organizations.
The President of the Oversight and Anti-Corruption Authority (Nazaha), Mazin Al-Kahmou, underscored the Kingdom’s commitment to achieving Saudi Vision 2030 and transforming it into a successful anti-corruption model. He affirmed the importance of enhancing local and international efforts in this regard.
Al-Kahmous highlighted the forum’s role in promoting local cooperation and exchanging expertise among anti-corruption agencies and financial intelligence units.
He added that the forum represents a strategic opportunity to unify the efforts of various institutions in tackling challenges related to combating financial crime.
Source: Saudi Press Agency