​On behalf of His Excellency Dr. Ahmed A. Alkholifey the Governor of SAMA and Chairman of the Anti Money Laundering Permanent Committee (AMLPC), Dr. Fahd bin I. Al-Shathri, the Deputy Governor for Banking Supervision, opened the 10th Compliance and Anti-Money Laundering Seminar, which was organized by the Institute of Finance (IOF), in association with Thomson Reuters and the Anti-money laundering permanent committee (AMLPC) on the 26th & 27th of September 2018 in Riyadh, the Kingdom of Saudi Arabia.  Over the two days, many of high-level experts representing local, regional, and international organizations participated in this event. This event has had constructive discussions, that covered important themes, such as the biggest regulatory challenges of 2019 and beyond, the compliance evolution, fighting the financial crimes, and entering the digital age of compliance. Dr. Fahad pointed out that the compliance of financial institutions with national regulations and rules and the effective implementation of their provisions are among the most important factors for their success in achieving their objectives and enhancing the stability of the financial system and its safety.​