RIYADH — The Ministry of Commerce, in cooperation with the National Center for Non-Profit Sector Development, organized a virtual workshop with the participation of representatives from non-profit organizations. The workshop forms part of ongoing efforts to strengthen compliance with counter-terrorism financing requirements and raise awareness of related preventive measures. The workshop aimed to enhance awareness of regulatory requirements and preventive procedures and to reinforce adherence to controls associated with counter-terrorism financing, thereby contributing to safeguarding the non-profit sector and enhancing its credibility and operational sustainability. The sessions addressed several key themes, including compliance requirements, mechanisms for reporting suspicious transactions, the importance of internal control systems, targeted financial sanctions, and best practices to strengthen risk management efficiency and ensure compliance with relevant regulations.
Hence then, the article about commerce ministry workshop highlights counter terrorism financing requirements in non profit sector was published today ( ) and is available onٍٍٍSaudi Gazette ( Saudi Arabia ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Commerce ministry workshop highlights counter-terrorism financing requirements in non-profit sector )