***** Central bank: FATF international anti-money laundering decided to hold its next meeting in Iraq May 2014

Admin Sat May 03, 2014 3:48 pm

Iraq will work on implementing its action plan to address these deficiencies, including by: (1) adequately criminalising money laundering and terrorist financing; (2) establishing and implementing an adequate legal framework for identifying, tracing and freezing terrorist assets; (3) establishing effective customer due diligence measures; (4) establishing a fully operational and effectively functioning Financial Intelligence Unit; (5) establishing suspicious transaction reporting requirements; and (6) establishing and implementing an adequate AML/CFT supervisory and oversight programme for all financial sectors. The FATF encourages Iraq to address its AML/CFT deficiencies by implementing its action plan.
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***** Central bank: FATF international anti-money laundering decided to hold its next meeting in Iraq May 2014 Money+laundering+pic2

28-11-2013

Central bank: FATF international anti-money laundering decided to hold its next meeting in Iraq May 2014

Baghdad .. Central Bank of Iraq, for the approval of the FATF for the Middle East and North Africa concerned with crimes of money laundering and financing of terrorism to hold its next meeting in Iraq.

According to a statement of the bank received the Agency (news) copy of it: that the Financial Action Task Force for the Middle East and North Africa concerned with crimes of money laundering and the financing of terrorism has approved its meeting eighteenth being in Manama currently hosting Iraq for its next meeting (XIX) and held in Baghdad in May of 2014.

It is worth mentioning in such conferences is to assess the seriousness and commitment of States in the fight against money laundering and to give them the international assessment in this area.

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