The Central Bank: We have taken effective measures to protect the banking sector and combat money laundering

by **RamblerNash** Sat Jun 25, 2022 7:33 pm

Update 06/26/2022 - 1:29 AM

Economy News - Baghdad

The Governor of the Central Bank, Mustafa Ghaleb Mikhaif, affirmed, on Monday, that effective measures and proactive measures are taken to protect the banking sector and combat money laundering and terrorist financing.

The bank's media office said in a statement, "The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, received, today, Monday, a delegation from the Egmont Group, to discuss Iraq's joining the group, and during the meeting, aspects of bilateral cooperation between the Central Bank of Iraq and the group were discussed, after taking due diligence measures." ".

"The Central Bank of Iraq is keen to strengthen relations with international organizations concerned with combating money laundering and terrorist financing," Makheif affirmed, according to the statement.

He added, "The Central Bank of Iraq attaches great importance to combating all criminal activities and eliminating sources of money laundering and financing terrorism and other financial crimes, looking forward to expanding the scope of international cooperation in the field of information exchange."

He pointed out that "the Central Bank has taken effective measures and proactive measures to protect the banking sector and combat money laundering and terrorist financing."

The Egmont Group is a global network that promotes communication and interaction between FIUs, named after the venue of its first meeting in Brussels in June 1995, and aims to provide a forum for FIUs around the world to provide support to governments.

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