World Bank: two-month deadline for Iraq to approve the money laundering law
World Bank: two-month deadline for Iraq to approve the money laundering law
July 28, 2015 16:37
Direct: the parliamentary Economic Committee revealed, all grace the World Bank and international financial institutions for two months for Iraq to pass anti-money laundering law .
Said committee member Najiba Najib in a press statement transferred reporter and the Iraqi News Agency Information / INA.
“The Presidency of the Council of Representatives on anti-money laundering law to include on the agenda of the Council nearest session before finishing the period specified in the month of next October . ”
She explained that “the parliament has not yet Jul significance required for this vital law, which depends upon the continuation of economically connect Iraq with the outer perimeter and the focus of the Chamber of Deputies on the minor issues . ”
Najib added that “Iraq would be included in the black list countries in handling the financial and economic transformation not unlike the enactment of this law, the measure would eliminate the purchasing power of the Iraqi dinar and put the Iraqi Central Bank in an awkward predicament makes him isolated from the world organization . ”
The central bank has completed the drafting of anti-money laundering law and sent to the Council of Ministers, which was approved by the then later sent him to the House of Representatives last month.
mubasher.info
