Advertisement

Mon. AM KTFA News Articles 11-28-22

0
243
Advertisement

KTFA

Clare » November 28th, 2022

The US Treasury commends the Iraqi Central Bank’s measures in combating money laundering

 022-11-27 13:42

The Governor of the Central Bank of Iraq affirmed, on Sunday, his commitment to all international laws and instructions in the file of combating money laundering and terrorist financing, while the US Treasury Department praised these measures.

The Central Bank said, in a statement received by Shafaq News Agency, that the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, received, today, Sunday, Jesse Baker, Assistant Deputy Secretary of the US Treasury for Terrorism and Financial Crimes, and his accompanying delegation.  

The statement added that during the meeting, they discussed bilateral cooperation between the two institutions and discussed the application of international standards in combating money laundering and terrorist financing, and the central bank’s commitment to them, in addition to applying due diligence from other government institutions in this file, referring to efforts to enhance financial inclusion and keep pace with the sector. Banking for global developments. 

The President of the Central Bank of Iraq confirmed that the bank is committed to all international laws and instructions in the file of combating money laundering and terrorist financing, and was able to transfer Iraq from the status of enhanced follow-up to the regular follow-up in the Financial Action Corporation (FATF), in addition to removing it from the European Union’s list of high-level countries. Risks.

Advertisement

On the other hand, the US Treasury delegation praised the measures implemented by the Central Bank in combating money laundering and terrorist financing, through its use of the latest systems in this file, according to what was stated in the statement.  LINK

Source: Dinar Recaps

______________________________________________________

If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we’ll forward your request to the author.
______________________________________________________

All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.

Copyright © 2022 Dinar Chronicles

Advertisement
Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here