Legal expert: Iraq’s exit from the lists of high-risk countries is a big victory
Legal expert: Iraq’s exit from the lists of high-risk countries is a big victory
04/19/2021 09:14:35
Legal expert Tariq Harb said today, Monday, that Iraq’s exit from the lists of high-risk countries is a “great political and economic victory” for the government and the Central Bank. Harb said in a statement that Al-Furat News received a copy of, that “many years have passed on the name of Iraq in the lists of high-risk countries, with the consequences of this staircase of great political and economic implications, perhaps the first and most important of which is the impact on investment and the reluctance of non-Iraqi companies to work. In Iraq, the political and social implications. ”
He added, “The Al-Kazemi government and the Central Bank of Iraq have made great efforts, especially in the field of their cooperation, by taking the necessary measures regarding money laundering and terrorist financing. For a while, Al-Waqi’a Iraq has barely been issued and is devoid of publishing international procedures and decisions, especially those issued by the Special Committee. And related to the UN Security Council in relation to combating money laundering and terrorist financing and other procedures related to seizing the money of those accused of money laundering and terrorist financing, even if they are not Iraqis. ”
He continued, “Also, a higher committee was established in the Central Bank with the mission of combating money laundering and terrorist financing, and these and other measures such as activating the Anti-Money Laundering and Terrorist Financing Law No. 39 of 2015, so Resolution 392 of 2021 was issued including raising the name of Iraq from among the countries with high risks,” The government thus deserved and the Central Bank deserved praise and praise for their efforts in raising the name of Iraq from the lists of high-risk countries.
It is noteworthy that the Central Bank of Iraq announced, yesterday, Sunday, the lifting of the name of Iraq from the British classification of high risk countries.
alforatnews.com
