13Jun2003 Kingdom remains determined to combat and bankrupt terrorism

Washington, 13 June, 2003

The embassy of the Kingdom of Saudi Arabia in Washington has stressed that the In a statement issued here on Thursday, the embassy said: "Since the recent terrorist attacks on Riyadh, the Kingdom has accelerated its counter-terror activities and efforts in order to protect the security of its citizens and residents."

The statements noted: "The Head Office of the Saudi Arabian Monetary Agency (SAMA) recently distributed a circular to all banks and financial institutions in the Kingdom of Saudi Arabia requiring the full and immediate implementation of nine new policies and procedures that relate to the accounts of charitable and welfare institutions."

Source: SPA

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