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Yemen is a founding member of the Financial Action Task Force for the Middle East and North Africa (MINAFATF). Yemen is subject to mutual and periodic evaluation. In accordance with FATF's 40 recommendations, the Government of Yemen has issued a set of AML / Law No. 1 of 2010 on Anti-Money Laundering and Financing of Terrorism, which is in line with the 40 recommendations, was amended by Law No. 17 of 2013 to comply with the amendments to the 40 Recommendations. The Central Bank of Yemen issued and issued a set of instructions and regulations AML And the financing of terrorism.

Ahmed Al-Amery Company is based on the decision of the Board of Directors No. 58 in 2003. It is considered the first non-governmental exchange company established in Yemen. According to Law No. (21) of 1990 concerning the Central Bank of Yemen, Ahmed Al-Amery Company is under the supervision and supervision of the Central Bank of Yemen . According to the AML / CFT Law, AML / CFT programs are subject to periodic evaluation by the Information Gathering Unit. The Unit carries out this evaluation in several ways, including field inspection.

Ahmed Al Amiri's commitment to the laws and regulations of the requirements of knowing your client and combating money laundering and the financing of terrorism stems from the company's culture of promoting the values ​​of transparency and integrity in all its activities and for this purpose the Board of Directors issued a statement of the principles of AML / CFT.

This statement is an affirmation by the Company of its commitment to achieving the highest level of transparency and compliance with the rules, guidelines and guidelines applicable to combating and detecting money laundering and combating the financing of terrorism in accordance with the law and the instructions issued by the Central Bank of Yemen.

Law No. 1 of 2010, which came into effect in January 2010 and its amendments issued by Law No. 17 of 2013, imposes on all financial institutions operating in the Republic of Yemen that each institution has procedures for the principles of Know Your Customer, AML / CFT, The Bank has set up written policies and procedures to combat money laundering activities. The Company has established special units to monitor the implementation of these policies and procedures. The Bank's anti-money laundering policies cover the work of all branches and branches of the Bank.