Government Advisor: Iraq Has Made Significant Strides In Combating Money Laundering And Terrorist Financing

 Government Advisor: Iraq Has Made Significant Strides In Combating Money Laundering And Terrorist Financing

A wish | 03:18 - 05/28/2025   Mawazine News - Baghdad -  The Prime Minister's Representative and Advisor for Banking Affairs, Saleh Mahoud, reviewed on Wednesday the most prominent achievements made in Iraq's commitment to international standards for combating financial crimes, noting that Iraq has made tangible progress in this regard.

Mahoud said, during the second session of the Anti-Money Laundering and Combating the Financing of Terrorism Conference, that "the government looks forward to this conference being an important opportunity for constructive dialogue and exchange of experiences, which will contribute to raising the level of awareness and commitment to international standards, and enhancing the knowledge of specialists in this vital field, especially in light of the growth of financial crimes and the development of their methods."

He explained that "the Iraqi government has committed to extensive reforms in this area, including issuing and updating laws and instructions, strengthening the role of regulatory and financial investigation bodies, and intensifying cooperation with international partners."

He pointed out that "the Governor of the Central Bank announced the completion of the mutual evaluation process for 2024, which revealed several strengths in Iraq's commitment to international standards for combating financial crimes, through the adoption of national strategies based on continuous self-assessments."  https://www.mawazin.net/Details.aspx?jimare=261987