Central Bank: Branches of foreign banks in Iraq are subject to leave our…
Central Bank: Branches of foreign banks in Iraq are subject to leave our
Monday July 2, 2012
BAGHDAD – and babysit – Central Bank of Iraq confirmed that all the branches of foreign banks operating in Iraq under the Law of the Central Bank and control.
The deputy governor of the Central Bank of the appearance of Mohammed, “said the central bank is following very carefully with the issue of money laundering, national security apparatus, and the branches of foreign banks in Iraq subject to the supervision and inspection of committees of the bank.”
“If it is proved that the branch of a foreign bank with violating highly related to money laundering, the bank’s power to shut down and fined him and not to deal with him again,” noting that there are types of offenses and corresponding administrative measures by type of offense … p / i