The Center for Banking Studies organizes a symposium on removing Iraq from the European Union’s list of high-risk countries
The Center for Banking Studies organizes a symposium on removing Iraq from the European Union’s list of high-risk countries
February 09, 2022
The Center for Banking Studies at the Central Bank of Iraq organized a symposium in which it discussed the process of removing Iraq from the European Union’s list of high-risk countries and the consequences thereof.
The symposium, which was attended by Dr. Ali Muhammad Jawad, an expert in the field of combating money laundering and terrorist financing, reviewed the efforts of the Central Bank, the Anti-Money Laundering and Terrorist Financing Council, the Anti-Money Laundering and Terrorist Financing Office, and other parties, in removing the name of Iraq from the European Union’s list of high-risk countries and requirements. International Banking Sector in Compliance and Anti-Money Laundering and Terrorist Financing.
He pointed out that “everyone has begun to sense the importance of combating money laundering and terrorist financing, as well as the presence of international bodies that follow up the procedures and steps that we follow on a regular basis,” revealing a “field visit next year to the FATF Financial Action Group for the mutual evaluation of the Republic of Iraq and procedures for addressing deficiencies in the past years.” By completing the laws and instructions that we started working on ,
he stressed that “international standards in combating money laundering and terrorist financing began to evolve and add to follow up on other non-financial sectors.”
central banks.
Central Bank of Iraq
Media Office
9 – February – 2022
cbi.iq/news/view/1939
