The Anti-Money Laundering and Counter-Terrorism Financing Office held a specialized workshop on Sunday, 1 March 2026, aimed at strengthening feedback mechanisms between the Office and reporting officers in exchange companies. The workshop sought to enhance the quality of suspicious transaction reports and submissions made through the (goAML) system.

The Anti-Money Laundering and Counter-Terrorism Financing Office held a specialized workshop on Sunday, 1 March 2026, aimed at strengthening feedback mechanisms between the Office and reporting officers in exchange companies. The workshop sought to enhance the quality of suspicious transaction reports and submissions made through the (goAML) system.

This workshop was conducted in implementation of the Office’s action plan and the remedial measures stemming from the impact assessment results of the analytical study issued by the Office on “Improving Reports Submitted by Reporting Entities,” in line with the Office’s efforts to further develop and enhance the efficiency of the reporting framework.

The workshop addressed the following key topics:

• Discussing practical scenarios related to the submission of reports and notifications.

• Reviewing the main technical challenges and obstacles faced by exchange companies when entering data and submitting reports through the system.

• Analyzing common errors affecting the quality of submitted information and outlining mechanisms to address them.

• Emphasizing the importance of adopting the guideline issued by the Office concerning the reporting of suspicious transactions.

At the conclusion of the workshop, emphasis was placed on aligning the quality of reports and submissions with the international standards issued by the Financial Action Task Force (FATF), thereby strengthening the effectiveness of the reporting system and enhancing the level of compliance among all reporting entities.