The Central Bank Of Iraq Organizes A Workshop On National And Sectoral Assessment Procedures.

 
June 18, 2025  The Central Bank of Iraq's Erbil branch organized a training workshop on

"National and Sectoral Assessment Procedures," attended by the General Manager of the Erbil branch,
in cooperation with the  Center for Banking Studies and the  Compliance Supervisor's Office at the Central Bank of Iraq.
 
The workshop was attended by a group of  private banks,  non-banking financial institutions, and  electronic payment companies operating in the region.
 
The workshop also addressed the   Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015 and the  recommendations of the   Financial Action Task Force (FATF), in addition to the   national assessment of money laundering and terrorist financing risks based on international standards.
 
The workshop  focused on   practical applications and   operational risk assessment, and  presented real-life case studies that enriched the discussion and    developed the participants' analytical skills.
 
The lecturers emphasized the importance of
     private banks,
     non-banking financial institutions, and
     electronic payment companies
adhering to
     updated compliance policies and
     effective cooperation between relevant units
to ensure a
     cohesive banking environment that
     keeps pace with
          international standards and
embodies the vision of the Central Bank of Iraq in this regard.

This workshop comes as part of the vision of the
     Center for Banking Studies at the Central Bank of Iraq and the
     Office of the Compliance Controller of the Central Bank
 
to prepare a qualified generation of banking professionals
     capable of meeting modern regulatory challenges and
     instilling a culture of compliance
 
as the cornerstone of sound banking governance.
    
Central Bank of Iraq    Media Office   June 18, 2025    https://cbi.iq/news/view/2913