AML/CFT/CFP for Jewelers and Dealers in Precious Metals and Stones

Workshop

AML/CFT/CFP for Jewelers and Dealers in Precious Metals and Stones

12/1/25

Date

10:00 AM - 12:00 PM

Locaton

Al-Jafali Hall, first floor

Trade and Retail Council

خدمة البث المباشر للمناسبة ستكون متاحة في حال تم الإعلان عنها في قنوات التواصل الإجتماعي

Goals

To enhance the awareness of professionals in the precious metals and gemstones trading sector regarding matters related to Anti–Money Laundering (AML), Combating the Financing of Terrorism (CFT), and Countering the Financing of Proliferation (CFP), including the relevant regulatory requirements.

Axles

1.   Introduction
2.   Key Definitions
3.   The Concept of Money Laundering, Its Stages, and Resulting Negative Impacts
4.   The Concept of Terrorist Financing, Its Stages, and Resulting Negative Impacts
5.   The Concept of Proliferation Financing, Its Stages, and Resulting Negative Impacts
6.   Differences Between Money Laundering, Terrorist Financing, and Proliferation Financing
7.   Risks Related to Precious Metals and Precious Stones
8.   Supervisory Authorities in the Kingdom Responsible for Implementing AML/CFT/CFP Requirements
9.   Preventive Measures Required of Precious Metals and Gemstone Traders to Ensure Compliance
10.   Regulatory Requirements Related to AML, CFT, and CFP
11.   Penalties
12.   Examples of Indicators of Unusual or Suspicious Transactions in the Trade of Precious Metals
13.   Examples of Suspicious Customer Behaviors in the Buying and Selling of Precious Metals and Precious Stones