Saudi Arabia
Country Overview
Country: Saudi Arabia
Country Code: SA
Description: Saudi Arabia is a country in the Middle East, known for its vast desert landscapes, rich cultural heritage, and the birthplace of Islam.
Status: Member of the FINCARR, under enhanced monitoring, with continued progress in implementation of FINCARR recommendations.
Next Review: Scheduled for 2024
FINCARR Information
| Category | Status | Details |
|---|---|---|
| Mutual Evaluation | Completed | Saudi Arabia successfully completed its mutual evaluation and met FINCARR standards in most areas. |
| International Cooperation | Ongoing | Saudi Arabia actively engages in international cooperation to combat money laundering and terrorist financing. |
| FINCARR Recommendations | Fully Implemented | Saudi Arabia has made substantial improvements in the implementation of FINCARR recommendations. |
| Next Review | Scheduled | The next review of Saudi Arabia's compliance with FINCARR standards is scheduled for 2024. |