The National Center for Non-Profit Sector Development conducted a virtual workshop focused on combating money laundering and terrorism financing, specifically aimed at non-profit organizations, including charitable associations and foundations.

The event sought to enhance understanding among participants, such as board members, trustees, and executive management, regarding recent developments and challenges associated with money laundering and terrorism financing.

Key subjects covered during the workshop included an overview of money laundering and terrorism financing, their associated risks and impacts, and relevant local regulations designed to combat these issues.

The legislative framework in the Kingdom of Saudi Arabia for preventing such activities was also discussed, alongside key methods by which non-profit organizations could be exploited for criminal purposes.

Additionally, the workshop explored both local and international efforts aimed at addressing these crimes.

The National Center for Non-Profit Sector Development announced plans to conduct multiple future workshops focusing on these critical issues.