Dear Esteemed Chamber Subscribers,
May the peace, mercy, and blessings of Allah be upon you.
Asharqia Chamber extends its warmest greetings to you and would like to inform you that it has received the letter of the Federation of Saudi Chambers No. (45549074/20), dated (3/12/1447 AH), referring to the Anti-Money Laundering Law issued by Royal Decree No. (M/20), dated (5/2/1439 AH), and the Law on Combating Terrorism Crimes and Its Financing, issued by Royal Decree No. (M/21), dated (12/2/1439 AH), and their Executive Regulations, including the obligations of practitioners of the precious metals and gemstones trade activity to apply due diligence measures, particularly those related to identifying the beneficial owner.
We would like to inform you that the National Center for Non-Profit Sector Development has provided a service that enables traders of precious metals and gemstones to inquire about beneficial owner information for associations and civil institutions by accessing the Center’s website (E-Services – Beneficial Owner Information for Associations and Civil Institutions), or through the following link: (https://es.ncnp.gov.sa/v5/beneficial-owner-disclosure). In the event of any discrepancy in the beneficial owner information, we kindly request that the National Center for Non-Profit Sector Development be notified via the following email: (aml-cft.pl@ncnp.gov.sa).
Please accept our sincere regards and appreciation.