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A spokeswoman for the Association of Banks Money Laundering Act: will prevent the entry of Iraq in the black list
Wed, 01 Jul two thousand and fifteen
BAGHDAD - News Aleomcdt Iraqi private banks association, on Wednesday, that the adoption of the Council of Ministers to the law of money laundering will give a global trust for private banks, and as pointed out that banks will adhere to the law, pointed out that the approval in the House of Representatives would avoid entering Iraq within the black list. The head of the Association of private banks and depositary bitter melon in a statement received "News Today" a copy of it, that "the adoption of the Council of Ministers the draft Anti-Money Laundering Act and the financing of terrorism of important laws and in support of the banking sector." Handal said that "this law will provide frameworks, concepts and provisions that enable the central bank, the judiciary and agencies related to the use of appropriate tools to combat money laundering and terrorist financing and the development of deterrent to such practices, "adding that" the law will give the world confidence in foreign dealings with Iraqi banks. " He said Handal that "all the member banks of the Association is keen to abide by the law if the legislation because of this Thread of direct importance and impact on the economy and society, especially in the current stage, "stressing that" this legislation avoids entering Iraq blacklisted if it was passed by Parliament in the near term. "
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Wed, 01 Jul two thousand and fifteen
BAGHDAD - News Aleomcdt Iraqi private banks association, on Wednesday, that the adoption of the Council of Ministers to the law of money laundering will give a global trust for private banks, and as pointed out that banks will adhere to the law, pointed out that the approval in the House of Representatives would avoid entering Iraq within the black list. The head of the Association of private banks and depositary bitter melon in a statement received "News Today" a copy of it, that "the adoption of the Council of Ministers the draft Anti-Money Laundering Act and the financing of terrorism of important laws and in support of the banking sector." Handal said that "this law will provide frameworks, concepts and provisions that enable the central bank, the judiciary and agencies related to the use of appropriate tools to combat money laundering and terrorist financing and the development of deterrent to such practices, "adding that" the law will give the world confidence in foreign dealings with Iraqi banks. " He said Handal that "all the member banks of the Association is keen to abide by the law if the legislation because of this Thread of direct importance and impact on the economy and society, especially in the current stage, "stressing that" this legislation avoids entering Iraq blacklisted if it was passed by Parliament in the near term. "
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