RealNews

Saudis creating agency to fight terrorism financing

audi Arabia is expected to set up a long-awaited financial intelligence agency by the end of this summer as part of efforts to fight terrorism financing, an official familiar with Saudi planning said on Tuesday. U.S. officials say the creation of a financial intelligence unit — which collects, analyzes and exchanges financial information to help fight money laundering and terrorism financing — is a key step to show a state is committed to curbing dirty money.Full Story

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