Central Bank of Iraq signed a memorandum of understanding with the Palestinian Monetary Authority

Central Bank of Iraq signed a memorandum of understanding with the Palestinian Monetary Authority

2017/6/4 9:29

Central Bank of Iraq signed a memorandum of understanding with the Palestinian Monetary Authority[Oan- Baghdad]
Governor of the Central Bank of Iraq , Ali Mohsen Keywords signed with the Governor of the Palestinian Monetary Authority Azzam Shawa, at the Iraqi embassy in the Jordanian capital Amman, a memorandum of understanding for joint cooperation between the two sides and to support the development of the banking and financial work in both countries.
According to a statement to inform the Central Bank received by all of Iraq [where] a copy of it, that the “memorandum of understanding is to enhance the relationship between Iraq and Palestine in the field of control over the banking and financial institutions and to achieve financial stability and the fight against money laundering in line with the recommendations and decisions of the [Basel Committee on Banking Supervision] and thus contributing to the achievement of the objectives of the two sides related to financial stability. ”
” The memo also provides for the exchange of information and experiences related to the development of financial and banking business and career development staff, in addition to the exchange of information on banking and financial legislation in force, standards and regulatory requirements in both countries.”

alliraqnews.com