EconomyIraqBreakingCombating TerrorismFinancial Work GroupMoney LaunderingThe Gray List
2024-05-22 11:35Font
Shafaq News / The Middle East and North Africa Financial Action Task Force (MENAFATF) on Wednesday ranked Iraq as a country highly committed to recommendations on combating money laundering and terrorist financing.
The Media Center of the Iraqi Supreme Judicial Council, in a statement received by Shafaq News, said that the organization decided at its general meeting held in the Kingdom of Bahrain for the period from May 19-23, to consider Iraq one of the countries that are highly committed to the recommendations of the Financial Action Task Force (FATF) in the field of combating money laundering and terrorist financing.
He pointed out that “the report of the residents on Iraq and the adeqency of the procedures followed by the Iraqi authorities in the field of combating money laundering and the financing of terrorism were accepted.”
He pointed out that accepting the residents’ report “means continuing not to include Iraq on the gray list, which is the list of high-risk countries in the field of combating money laundering and terrorist financing, after the Iraqi team succeeded in convincing the general meeting of MENA FATV of the adequacy of the measures taken by it in this field.”
The media center explained that the two deputy presidents of the Karkh Court of Appeal, Judges Ali Hussein Jaffat, Lia Jafar, and the Deputy Chairman of the Russafa Court of Appeal, Judge Ayad Mohsen, participated in the meeting with a group of representatives of the Anti-Money Laundering Office of the Central Bank of Iraq, as well as representatives of the rest of the relevant Iraqi institutions.
https://www.shafaq.com/ar/اقتصـاد/مجموعة-دولية-ترفع-العراق-من-قا-مة-مالية-سي-ة-الصيت
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