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Palestine struggling "money laundering" with Iraq

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Palestine struggling "money laundering" with Iraq Empty Palestine struggling "money laundering" with Iraq

Post by RamblerNash Sat Jun 03, 2017 8:23 pm

Palestine struggling "money laundering" with Iraq

Sunday, June 4th, 2017 0:42

Palestine struggling "money laundering" with Iraq 201703290622572257

Mahmoud Abbas

Signed by the Governor of the Palestinian Monetary Authority Azzam Shawa, the Governor of the Central Bank of Iraq on the Keywords, at the Iraqi embassy in the Jordanian capital Amman, a memorandum of understanding for joint cooperation between the two sides and to support the development of banking and financial in both countries . According to the agency "Palestinian together."

The signing ceremony was attended Ambassador of the Republic of Iraq to Oman Safia al - Suhail and Commercial Annex to the Palestinian Embassy in Amman , D.mha Sayegh, Assistant Governor of the Monetary Authority for Financial Stability D.riyad Abu Shehadeh. Under the memorandum of understanding to strengthen the relationship between the State of Palestine and the Republic of Iraq in the field of control over the banking and financial institutions and to achieve financial stability and the fight against money laundering in line with the recommendations and decisions of the Basel Committee on Banking Supervision and , thus contributing to achieving the two goals related to financial stability .

The memorandum also provides for the exchange of information and experiences related to the development of financial and banking work and career development staff, as well as the exchange of information relating to banking and financial legislation in force, standards and regulatory requirements in both countries .

For his part , provided the governor Shawa thanked the Central Bank of Iraq for its cooperation with the Monetary Authority, stressing that the signing of this MoU comes within the framework of closer cooperation in regulatory areas and the development of banking in each of the two countries, praising the historical relations with the Republic of Iraq and Leave them to Palestine in all fields .

For his part , the Iraqi Central Bank Governor Dr. On the Keywords for the wish to be the signing of this MoU step towards further cooperation between Iraq and Palestine to achieve the financial and banking stability in the two countries through the exchange of information , banking and financial experience, wishing the Monetary Authority of progress and success for the benefit of the people of the Palestinian economy, stressing the strength and depth of the relationship that linking the two institutions and the two peoples .

LINK

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