The Central Bank Confirms Its Commitment To All Laws In The File Of Combating Money Laundering And Terrorist Financing



11/27/2022 7 

Earth News / 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.A bank statement, received by Earth News, stated, “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. In addition to efforts to enhance financial inclusion and keep the banking sector in line with global developments.The governor affirmed that “the Central Bank of Iraq 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 Agency “FATF”, in addition to removing it from the European Union’s list of high-risk countries. “.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.”

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