Iraq completes the criteria for exit from the list of countries with a high risk in combating money laundering

According to a statement by the Ministry of Foreign Affairs, received by the Iraqi National News Agency / NINA / received a copy of it, this came during his meeting with José Pascual Marco, Director General of Integration, Coordination and European Union Affairs at the Spanish Foreign Ministry, and Victoria Karthleen Ordonith, Deputy Director of Economic and Financial Affairs of the European Union in the Spanish Foreign Ministry, as part of efforts Continuous diplomacy to remove Iraq from the European Commission's list of high-risk countries in the fight against money laundering and terrorist financing.

The ambassador indicated, "the depth of relations between the two countries, as they are more than seven decades old, as well as the Kingdom's role in combating terrorism within the international coalition, and confirmed the current efforts of the two countries to develop these relations in the economic field." .

While affirming that "Iraq is looking forward to Spain's support to remove it from the European Commission's list of high-risk countries," declaring that "Iraq has completed the international procedures and standards required to exit the list, including the legislation of Law No. 39 of 2015 related to combating money laundering and terrorist financing, as well as its exit from the list. The Financial Action Task Force (FATF) for countries that have deficiencies in combating money laundering and terrorist financing. "

At the end of the meeting, Jose promised Spain's support for Iraq through their representative in the European Union, seeking to expedite its removal from the list of countries with risks in the field of combating money laundering and terrorist financing. 

https://ninanews.com/Website/News/Details?key=866373

Really another good news, they are in the process of fulfilling the criteria requested by the European Union, and in addition Iraq had signed with the FATF group to help them, we are starting to see the results slowly, this is a good thing! !!


Claud (Moose)