About us
EvalCore Advisors is a Saudi management and financial consulting firm specialized in combating money laundering and the financing of terrorism and proliferation, dedicated to providing high-level strategic consulting and institutional support for government authorities, financial institutions, designated non-financial businesses and professions (DNFBPs), and non-profit organizations (NPOs) in compliance, governance, and mutual evaluations, to prepare for and excel in FATF/FSRB mutual evaluations.
Through specialized expertise and our “Top-Down” approach, EvalCore Advisors enables its clients to achieve sustainable regulatory governance that ensures the desired outcomes in regional and international assessments.
Dr. Adel AlQulish, the Founder & MD
Dedicated compliance & anti-financial crime leader with over two decades of regional and global impact.
2004–2016: Founded and led MENAFATF Secretariat in Bahrain across three terms; built teams, coordinated member countries on AML/CFT, oversaw mutual evaluations, delivered tailored training, and secured FATF associate membership. Headed MENAFATF delegations to FATF; partnered with FATF, WB, IMF, and UN for technical assistance & training. Awarded Union of Arab Banks “Achievement Award” (2016).
2017–2025: Led Saudi delegations to FATF and MENAFATF; secured full FATF membership (2018) via technical team leadership, chaired MENAFATF NRA Committee (2017–2019) and co-chaired Mutual Evaluation Working Group (2019–2025). Active in local/regional/international working groups driving AML reforms.
His research investigates how perceptions of money laundering (ML) risk influence the effectiveness of anti-money laundering (AML) measures. Through extensive mixed-method research.
