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Statement issued by the Presidency of the Anti-Money Laundering and Terrorist Financing Council
May 22, 2024
Statement issued by the Presidency of the Anti-Money Laundering and Terrorist Financing Council
The Middle East and North Africa Financial Action Task Force (MENAFATF), at its general meeting, held in the Kingdom of Bahrain for the period from 19-23 May 2024,
approved the mutual assessment report for the Republic of Iraq, which reflects its great commitment to applying international standards to combat money laundering and the financing of terrorism.
The report issued by the organization highlighted the
ability of the committed system to combat money laundering and terrorist financing in Iraq, and the
great efforts made by the state in combating these crimes, in accordance with solid international standards.
The report stressed
understanding the risks of money laundering and terrorist financing, and the
effectiveness of implementing measures to combat these crimes, including
international cooperation and
confiscation of proceeds of crime, as well as
investigation and prosecution.
The Presidency of the Anti-Money Laundering and Combating the Financing of Terrorism Council takes advantage of the opportunity to extend sincere thanks and appreciation to His Excellency the Honorable Prime Minister and the Honorable President of the Judicial Council, for the support they provided to raise the evaluation process, as well as to extend its thanks to the members of the Anti-Money Laundering and Terrorist Financing Council and the Anti-Money Laundering and Terrorist Financing Office. Money and terrorist financing, and all judicial and governmental bodies and all formations of the Central Bank of Iraq, which have contributed and worked over the past two years to provide the evaluation requirements in a way that reflects the real reality of effective judicial and government procedures in developing the system to combat money laundering and terrorist financing.
Ali Mohsen Ismail
Chairman of the Anti-Money Laundering and Terrorism Financing Council
Governor of the Central Bank of Iraq
https://cbi.iq/news/view/2588
May 22, 2024
Statement issued by the Presidency of the Anti-Money Laundering and Terrorist Financing Council
The Middle East and North Africa Financial Action Task Force (MENAFATF), at its general meeting, held in the Kingdom of Bahrain for the period from 19-23 May 2024,
approved the mutual assessment report for the Republic of Iraq, which reflects its great commitment to applying international standards to combat money laundering and the financing of terrorism.
The report issued by the organization highlighted the
ability of the committed system to combat money laundering and terrorist financing in Iraq, and the
great efforts made by the state in combating these crimes, in accordance with solid international standards.
The report stressed
understanding the risks of money laundering and terrorist financing, and the
effectiveness of implementing measures to combat these crimes, including
international cooperation and
confiscation of proceeds of crime, as well as
investigation and prosecution.
The Presidency of the Anti-Money Laundering and Combating the Financing of Terrorism Council takes advantage of the opportunity to extend sincere thanks and appreciation to His Excellency the Honorable Prime Minister and the Honorable President of the Judicial Council, for the support they provided to raise the evaluation process, as well as to extend its thanks to the members of the Anti-Money Laundering and Terrorist Financing Council and the Anti-Money Laundering and Terrorist Financing Office. Money and terrorist financing, and all judicial and governmental bodies and all formations of the Central Bank of Iraq, which have contributed and worked over the past two years to provide the evaluation requirements in a way that reflects the real reality of effective judicial and government procedures in developing the system to combat money laundering and terrorist financing.
Ali Mohsen Ismail
Chairman of the Anti-Money Laundering and Terrorism Financing Council
Governor of the Central Bank of Iraq
https://cbi.iq/news/view/2588
