Parliamentary source: Parliament sessions will be held after the tenth of Muharram

Release date:: 9/1 2019 20:50

(Baghdad: Euphrates News) A parliamentary source revealed that the House of Representatives will be held after the tenth of Muharram.

The source told (Euphrates News) that “Parliament will be busy on the third of this month the Conference of Asian Parliaments Association under the auspices and participation of the Iraqi Council of Representatives in Baghdad for the period from 3-5 of the month and the participation of 14 Arab and Asian countries.”

He added that “weights suggest that the sessions will be held on the 13th of this month, after the tenth of Muharram.”

The House of Representatives was scheduled to resume its work on September 3 (next Tuesday).

The forthcoming legislative term for the parliament is awaiting heated dossiers, most notably the questioning of ministers of corruption, mismanagement and evaluation of the government’s report for the past period and the passage of important bills deferred and others on the agenda.

http://alforatnews.com/modules/news/article.php?storyid=209593

The Association of Private Banks Concludes the “Anti-Money Laundering and Terrorism Financing” Course for Judges of the Salah al-Din Court of Appeal

Banks

Economy News – Erbil

The Iraqi Private Banks Association concluded the anti-money laundering and terrorism financing course.

The course was held under the auspices and support of the Central Bank of Iraq and in cooperation with the Supreme Judicial Council, and participated in the session 10 judges from the Court of Appeal of Salah al-Din.

The President of the Association of Iraqi private banks, Wadih al-Handal, in his speech during the closing ceremony of the session, he “appreciates the efforts made in its sponsorship and organization, whether from the Central Bank of Iraq or professors lecturers or employees of the Association or participating judges who have shown an unparalleled response to the axes that I was subjected to research and discussion. ”

“Handal stressed the importance of such courses in strengthening the relationship between the judiciary and the financial authority represented by the Central Bank and the Iraqi government and private banks in order to expand the application of the principle of financial inclusion and immunization of banks from mistakes and dangers, and face the means of extortion that may be exposed.”

The session concluded with the regional director of the Association of Iraqi private banks, Mohammed Munther, distribute graduation certificates to the participating judges wishing them success in their judicial career.

http://economy-news.net/content.php?id=17617

The Association of Private Banks Organizes the Course «Comprehensive Bank Credit»

Side of the course. “Economy News” Banks

Economy News – Baghdad

The Association of Iraqi Private Banks, on Sunday, in cooperation with the group of joint efforts, a course “comprehensive bank credit.”

A total of 43 trainees, representing a number of public and private banks, participated in the course and the training will last for four days.

The course targets branch managers, managers and employees in the credit and risk departments.

http://economy-news.net/content.php?id=17623

The Central Bank approves international rating agencies to classify banks operating in Iraq

Date: Editing:: 1/9/2019 11:57

(Baghdad: Euphrates News) The Board of Directors of the Central Bank of Iraq approved the adoption of rating agencies that have criteria {External Credit Assessment Institution) (ECAI) emanating from the decisions of Basel, to classify the financial institutions in Iraq, namely:

Standard & Poor

Moody’s

Fitch , Ratings

Capital Intelligence

confirmed in a statement that ” the bank will consider the requests filed by rating agencies and other, and that it would be required provide a credit rating from one of the four agencies above banks operating in Iraq that want to conduct the following banking

operations: installation Credits for exporting Iraqi crude oil through the Oil Marketing Company (SOMO) –

Opening government documentary credits up to $ 50 million –

Issuing and accepting letters of guarantee for government departments

The Board of Directors of this bank indicated that this decision is effective in 2020 when the banks are completed Readiness and access to a Credit rating , which qualifies for the practice of banking operations referred to above in any Guet.anthy

http://alforatnews.com/modules/news/article.php?storyid=209522