ContextStatement by the Governor of the Saudi Central Bank at the FATF ministerial meeting held during the IMF–World Bank Spring Meetings in Washington.
Why it mattersFocuses on fighting money laundering, fraud and scam centres.
Problems raised
Money laundering and terrorist financing threaten financial integrity.
Low-capacity countries struggle with anti-money-laundering rules.
Fraud, scam centres and misuse of AI are growing threats.
Solutions proposed
Support FATF standards for the international system.
Help low-income jurisdictions build capacity.
Use the full toolkit against fraud and coordinate internationally.
