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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries

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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries

Post by claud39 on Wed Jul 08, 2020 3:57 pm

[size=36]The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries[/size]






08/07/2020






The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries 9872020_xarjia

Baghdad - Mawazine News

/ Mawazine News / will publish, on Wednesday, the text of the full message of Foreign Minister Fouad Hussein regarding the decision of the European Union Commission to include Iraq in the revised list of high-risk countries on money laundering and terrorist financing.


The Minister of Foreign Affairs said: "Iraq has made significant progress that led in 2019 to its removal from the global list of the Task Force on International Financial Action (FATF) for countries that suffer from strategic shortcomings in anti-money laundering and terrorist financing operations."


The minister expressed, "Iraq's disappointment with the decision of the European Union Commission to include Iraq in the revised list of high-risk countries on money laundering and terrorist financing."


He explained, "Iraq made significant progress that led in 2019 to its removal from the global list of the Task Force on International Financial Action (FATF) for countries that suffer from strategic shortcomings in the anti-money laundering and terrorist financing operations."


He pointed out, "Iraq has taken several measures to strengthen its legal framework, which has led to increased cooperation with its counterparts, and that Iraq has fully participated and worked closely with the Commission since its adoption of the previous regulations mandated by the European Union Commission 1675/2016 in 2016."


The foreign minister expressed his surprise, "for the justification given by the committee for its decision on Iraq, and I say by saying: 



Our competent authorities have been working closely over the past two years to provide the necessary and relevant information through official channels on meeting the requirements of the European Union to combat money laundering and the financing of terrorism." .

The Minister affirmed that "Iraq has met the criteria set by the Financial Action Working Group (FATF), and the criteria stipulated in the relevant European Union directive 849/2015, and addressed all the shortcomings and gaps highlighted by the Commission, and did not receive any negative response from the Commission until the adoption of the regulations mentioned in May 7 ".


The Minister called on the Commission "transparency and the need to listen to the commitment shown by Iraq in clear standards related to combating money laundering and terrorist financing."


He stressed that "Iraq has implemented over the years important laws and procedures aimed at combating money laundering, terrorist financing, and mitigating the risks associated with them. 



The Financial Action Group (FATF) report indicated that preventive measures to combat money laundering and combating the financing of terrorism (AML / CFT) In Iraq, it is strong and entrenched. "

He warned that "the Commission's decision, if it is not rejected by the Council of the European Union, will have a detrimental economic and social impact on Iraq, and will affect cooperation with the member states of the European Union under the Partnership and Cooperation Agreement between Iraq and the European Union."


The letter concluded with "inviting its European counterparts to challenge the proposed delegated regulation." 



Ended 29 / A 43







https://www.mawazin.net/Details.aspx?jimare=108950
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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Foreign Minister: Iraq has made significant progress that led in 2019 to its removal from the Global List of the Task Force on International Financial Action (FATF) for countries experiencing strategic shortcomings in the anti-money laundering and terrori

Post by claud39 on Wed Jul 08, 2020 4:02 pm

[size=34]Foreign Minister: Iraq has made significant progress that led in 2019 to its removal from the Global List of the Task Force on International Financial Action (FATF) for countries experiencing strategic shortcomings in the anti-money laundering and terrorist financing operations.[/size]


08/07/2020









The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries 7F00AE37-F5B1-47F8-B280-955F59FB1977-1024x801








Foreign Minister Fouad Hussein expressed Iraq's disappointment with the decision of the European Union Commission to include Iraq in the revised list of high-risk countries regarding money laundering and terrorist financing.

Explaining: Iraq made significant progress in 2019 that led to its removal from the global list of the Task Force on International Financial Action (FATF) for countries experiencing strategic shortcomings in the anti-money laundering and terrorist financing operations.

Noting that Iraq has taken several measures to strengthen its legal framework; This led to increased cooperation with its counterparts, and that Iraq has fully participated in, and has worked closely with, the Commission since its adoption of the previous regulations mandated by the European Union Commission 1675/2016 in 2016.

Expressing his surprise at the justification provided by the committee for its decision on Iraq, and I say by saying: Our competent authorities have been working closely over the past two years to provide the necessary and relevant information through official channels on meeting the requirements of the European Union to combat money laundering and the financing of terrorism.

This came in a message he sent to his counterparts, ministers of European Union countries.

The Minister affirmed that Iraq had met the criteria set by the Financial Action Group (FATF), and the criteria stipulated in the relevant European Union directive 849/2015, and had addressed all the shortcomings and gaps highlighted by the Commission, and had not received any negative response from the Commission until the adoption of the regulations mentioned in May 7.

The Minister called on the Commission to be transparent and the need to listen to the clear commitment shown by Iraq to the standards related to combating money laundering and terrorist financing.

Stressing that over the years Iraq has implemented important laws and procedures, In order to combat money laundering, terrorist financing, and mitigate the risks associated with it. The Financial Action Task Force (FATF) report indicated that the AML / CFT safeguards in Iraq are strong and established.

Warning that the Commission’s decision, if it is not rejected by the Council of the European Union, will have a detrimental economic and social impact on Iraq, and will affect cooperation with member states of the European Union in accordance with the Partnership and Cooperation Agreement between Iraq and the European Union.

The letter concluded by inviting its European counterparts to challenge the proposed delegated list.




https://www.mofa.gov.iq/2020/07/?p=15758
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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Spokesman for the Ministry of Foreign Affairs, Dr. Ahmed Al-Sahaf:

Post by claud39 on Wed Jul 08, 2020 4:04 pm

[size=34]Spokesman for the Ministry of Foreign Affairs, Dr. Ahmed Al-Sahaf:[/size]


08/07/2020





The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries D3675EC5-B0CB-4E90-B5DF-6C2DDECE2269-1024x801








فؤاد The Foreign Minister Fouad Hussein sends a message to his European counterparts urging them to reject the decision of the European Union Commission to include Iraq in the list of high-risk countries regarding money laundering and terrorist financing.

:small_red_triangle_down: The Foreign Minister assured his counterparts in the message he sent to them that Iraq: over the years, has implemented important laws and procedures; In order to combat money laundering, terrorist financing, and alleviate the risks associated with it. The Financial Action Task Force (FATF) report indicated that the AML / CFT safeguards in Iraq are strong, and well-established.







https://www.mofa.gov.iq/2020/07/?p=15754
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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Anti-Money Laundering Office: It is hoped that Iraq will be removed from the list of high-risk countries soon

Post by claud39 on Thu Jul 09, 2020 9:20 am

Anti-Money Laundering Office: It is hoped that Iraq will be removed from the list of high-risk countries soon




09/07/2020



The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries 21844







Economy News _ Baghdad



The Office of Combating Money Laundering and Combating the Financing of Terrorism in Iraq announced on Thursday that the recent recommendation of the European Union Commission to keep Iraq in the list of "high risk" countries does not mean preventing dealing with Iraq, noting that it is hoped to review the European list in the near future and raise the name of Iraq Of which.

The office said in a statement, "Economy News" received a copy of it, that "in light of the decision of the European Union Commission to keep Iraq in the revised list of high-risk countries regarding money laundering and terrorist financing, the Anti-Money Laundering and Combating the Financing of Terrorism Office would like to clarify that efforts to raise the name of Iraq From the European list of high-risk countries is still ongoing since the issuance of that list for the first time in 2016, which was more comprehensive than the list issued by the International Financial Action Group (FATF).

He added, "In 2018, after fulfilling many requirements and clear progress in the Iraq file in the field of combating money laundering and terrorist financing, the name of Iraq was removed from the international list of the FATF group to escalate as a result of that effort and converge in order to accelerate the removal of his name from the list."

 European through full compliance with European standards in this field, and Iraq has continued and through high-level coordination between its government agencies to develop measures to combat money laundering and terrorist financing through the issuance of regulations and instructions regulating this sector and the acquisition of devices and programs that contribute to the detection of this type of operation in addition to entry In bilateral and multilateral treaties concerned with international cooperation in combating these crimes. "

He continued, "The continued inclusion of Iraq in the list of the European Union was not due to the indication of a deficiency in the Iraq file, but was under the pretext that the security situation in Iraq did not enable the European Union Commission to stand on the situation of Iraq in the field or communicate with Iraq directly, and that this reason It was not a technical or acceptable reason for the continued inclusion of Iraq in this list. The Ministry of Foreign Affairs and the Ministry of Finance took the initiative to send letters of protest against the European Commission’s recent recommendation not to remove Iraq from the list.

 The Anti-Money Laundering and Terrorist Financing Office also continued to hold meetings with the relevant agency in the Commission to explain and present Evidence that Iraq meets the requirements and standards of the European Union in the area of ​​anti-money laundering and the financing of terrorism. "

The statement concluded by saying that "it is important to point out that the last recommendation of the European Commission has not yet entered into force and that it does not mean preventing dealing with Iraq, but rather is limited to applying due diligence towards financial transactions that Iraqi institutions are part of, and that the exceptional efforts made by many government agencies Recently he has contributed to delivering the voice of Iraq and its real efforts in this field, and it is hoped that the European list will be reviewed soon and the name of Iraq will be removed from it. "





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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty The Anti-Money Laundering Office issues a statement regarding keeping Iraq on the list of high-risk countries

Post by claud39 on Thu Jul 09, 2020 1:22 pm

[size=41]The Anti-Money Laundering Office issues a statement regarding keeping Iraq on the list of high-risk countries[/size]




 hours ago





The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries 1276b5bd2-199385










Today, Thursday, the Office of Combating Money Laundering and Combating the Financing of Terrorism in Iraq explained the reasons for the decision of the European Union Commission to continue to keep Iraq in the revised list of high-risk countries regarding money laundering and terrorist financing




 "In light of the decision of the European Union Commission to continue to keep Iraq in the revised list of high-risk countries, regarding money laundering and terrorist financing, the Anti-Money Laundering and Combating the Financing of Terrorism Office would like to clarify that efforts to raise the name of Iraq From the European list of high-risk countries is still ongoing since the issuance of that list for the first time in 2016, which was more comprehensive than the list issued by the International Financial Action Group ( FATF ). ”




 The office added, “In 2018, after meeting many requirements and clear progress in the Iraq file in the area of ​​combating money laundering and terrorist financing, the name of Iraq was removed from the international list of the FATF group to escalate as a result of that effort and converge in order to accelerate the raising of its name. 




From the European list through full compliance with European standards in this field, Iraq has continued and through high-level coordination between its government agencies to develop measures to combat money laundering and terrorist financing by issuing regulations and instructions regulating this sector and the acquisition of devices and programs that contribute to uncovering this type of operation in addition To enter into bilateral and multilateral treaties concerned with international cooperation in combating these crimes. "

He continued, "The continued inclusion of Iraq in the list of the European Union was not due to the indication of a deficiency in the Iraq file, but was under the pretext that the security situation in Iraq did not enable the European Union Commission to stand on the situation of Iraq in the field or communicate with Iraq directly, and that this is The reason was not a technical or acceptable reason for the continued inclusion of Iraq in this list. 




The Ministry of Foreign Affairs and the Ministry of Finance took the initiative to send letters of protest against the recent European Commission’s recommendation not to remove Iraq from the list, and the Anti-Money Laundering and Terrorist Financing Office continued to hold meetings with the relevant agency in the Commission to explain And to provide evidence that Iraq fulfills the requirements and standards of the European Union in the area of ​​combating money laundering and financing terrorism.




The office stressed in its statement, "It is important to point out that the last recommendation of the European Commission has not yet entered into force and that it does not mean preventing dealing with Iraq, but rather is limited to applying due diligence towards the financial dealings that Iraqi institutions are part of. And the extraordinary efforts made by many government agencies recently contributed to the delivery of the voice of Iraq and its real efforts in this field. It is hoped that the European list will be reviewed soon and the name of Iraq will be removed from it.







https://takadum-news.com/%d9%85%d9%83%d8%a7%d9%81%d8%ad%d8%a9-%d8%ba%d8%b3%d9%8a%d9%84-%d8%a7%d9%84%d8%a7%d9%85%d9%88%d8%a7%d9%84-%d9%88%d8%aa%d9%85%d9%88%d9%8a%d9%84-%d8%a7%d9%84%d8%a7%d8%b1%d9%87%d8%a7%d8%a8-%d8%aa%d8%b5/
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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Clarification from the Anti-Money Laundering Office outlining the reason for Iraq’s inclusion in the “risk list”

Post by claud39 on Thu Jul 09, 2020 4:59 pm

[size=30]Clarification from the Anti-Money Laundering Office outlining the reason for Iraq’s inclusion in the “risk list”[/size]




2020.07.09







The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries 579c9c9ee-34976-202007091259










Baghdad - people 



 

The Office of Money Laundering and Combating the Financing of Terrorism in Iraq, on Thursday, provided a clarification regarding the decision of the European Union Commission to keep Iraq under the list of high-risk countries.

  

"The efforts made to remove the name of Iraq from the European list of high-risk countries are still going on since the issuance of that list for the first time in 2016, which was more comprehensive than the list issued by the Financial Action Group," the office said in a statement. FATF International. " 

 

He added, "In 2018, after meeting many requirements and clear progress in the Iraq file in the field of combating money laundering and terrorist financing, the name of Iraq was removed from the international list of the FATF group to escalate as a result of that effort and cohesion in order to accelerate the removal of its name from the European list from Through full compliance with European standards in this field. "

  

He continued, "Iraq has continued, through high-level coordination between its governmental agencies to develop measures to combat money laundering and terrorist financing by issuing regulations and instructions regulating this sector and the acquisition of devices and programs that contribute to uncovering this type of operation in addition to entering into bilateral and multilateral treaties concerned with international cooperation to combat These crimes. "

  

The money laundering office statement indicated that "the continued inclusion of Iraq in the European Union list was not due to the indication of a deficiency in the Iraq file, but was under the pretext that the security situation in Iraq did not enable the European Union Commission to stand on the Iraqi situation in the field or communicate with Iraq directly And because this reason was not a technical or acceptable reason for the continued inclusion of Iraq in this list, the Ministry of Foreign Affairs and the Finance Ministry took the initiative to send letters of protest against the recent European Commission’s recommendation not to remove the name of Iraq from the list, and the Anti-Money Laundering and Terrorist Financing Office continued to hold meetings with the relevant authority in The Commission to explain and provide evidence that Iraq meets the requirements and standards of the European Union in the area of ​​combating money laundering and the financing of terrorism. " 

 

The statement added that "the last recommendation of the European Commission has not yet entered into force and it does not mean preventing dealing with Iraq, but rather is limited to applying due diligence towards financial transactions that Iraqi institutions are part of. 




The exceptional efforts made by many government agencies recently contributed to the delivery of the voice of Iraq And its real efforts in this field, it is hoped that the European list will be reviewed soon, and that the name of Iraq will be removed from it. "  





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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Kurdish leader: We must implement the criteria required to get out of the black list in Europe, instead of objecting to no avail

Post by claud39 on Thu Jul 09, 2020 5:01 pm

Kurdish leader: We must implement the criteria required to get out of the black list in Europe, instead of objecting to no avail




The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Image







Baghdad / news



Today, Thursday, the leader of the Kurdistan Democratic Party, Majed Shankali, said that Iraq should implement the criteria required to get out of the European list, instead of objecting in vain.


Shankali said in a tweet on his Twitter account: "The European Commission's decision to confirm the inclusion of Iraq in the blacklist of countries with high risks for its failure to combat money laundering and terrorist financing, which has been included in it since February 2019."


He added: "Iraq must work to implement the required standards to get out of this list instead of the useless objection."




https://www.ikhnews.com/index.php?page=article&id=221020
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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Anti-Money Laundering Office: It is hoped that Iraq will be removed from the list of high-risk countries soon

Post by claud39 on Thu Jul 09, 2020 5:03 pm

[size=35]Anti-Money Laundering Office: It is hoped that Iraq will be removed from the list of high-risk countries soon[/size]


2020-07-09



[size=35]The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Doc-P-351217-637298854492854674
[/size]




The Office of Combating Money Laundering and Combating the Financing of Terrorism in Iraq announced today, Thursday, that the recent recommendation of the European Union Commission to keep Iraq in the list of "high risk" countries does not mean preventing dealing with Iraq, noting that it is hoped to review the European list in the near future and raise the name Iraq from them.


The office said in a statement, Alsumaria News received a copy of it, that "in light of the decision of the European Union Commission to keep Iraq in the revised list of high-risk countries regarding money laundering and terrorist financing, the Anti-Money Laundering and Combating the Financing of Terrorism office would like to clarify that efforts to remove Iraq from the list European high-risk countries have been continuing since that list was first issued in 2016, which was more comprehensive than the list issued by the International Financial Action Task Force (FATF).






He added, "In 2018, after fulfilling many requirements and clear progress in the Iraq file in the field of combating money laundering and terrorist financing, the name of Iraq was removed from the international list of the FATF group to escalate as a result of that effort and converge in order to accelerate the removal of his name from the list." 


European through full compliance with European standards in this field, and Iraq has continued and through high-level coordination between its government agencies to develop measures to combat money laundering and terrorist financing through the issuance of regulations and instructions regulating this sector and the acquisition of devices and programs that contribute to the detection of this type of operation in addition to entry In bilateral and multilateral treaties concerned with international cooperation in combating these crimes. "


He continued, "The continued inclusion of Iraq in the list of the European Union was not due to the indication of a deficiency in the Iraq file, but was under the pretext that the security situation in Iraq did not enable the European Union Commission to stand on the situation of Iraq in the field or communicate with Iraq directly, and that this reason It was not a technical or acceptable reason for the continued inclusion of Iraq in this list.


 The Ministry of Foreign Affairs and the Ministry of Finance took the initiative to send letters of protest against the European Commission’s recent recommendation not to remove Iraq from the list. The Anti-Money Laundering and Terrorist Financing Office also continued to hold meetings with the relevant agency in the Commission to explain and present Evidence that Iraq meets the requirements and standards of the European Union in the area of ​​anti-money laundering and the financing of terrorism. "

The statement concluded by saying that "it is important to point out that the last recommendation of the European Commission has not yet entered into force and that it does not mean preventing dealing with Iraq, but rather is limited to applying due diligence towards financial transactions that Iraqi institutions are part of, and that the exceptional efforts made by many government agencies Recently he has contributed to delivering the voice of Iraq and its real efforts in this field, and it is hoped that the European list will be reviewed soon and the name of Iraq will be removed from it. "


https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/351217/%D9%85%D9%83%D8%AA%D8%A8-%D9%85%D9%83%D8%A7%D9%81%D8%AD%D8%A9-%D8%BA%D8%B3%D9%8A%D9%84-%D8%A7%D9%84%D8%A3%D9%85%D9%88%D8%A7%D9%84-%D9%85%D9%86-%D8%A7%D9%84%D9%85%D8%A4%D9%85%D9%84-%D8%B1%D9%81%D8%B9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%85%D9%86-%D9%82?src=rss&utm_campaign=rss&utm_source=Rss-articles&utm_term=Rss&utm_medium=Rss-351217
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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Iraq’s movement to remove its name from the list of countries that finance terrorism and money laundering

Post by claud39 on Thu Jul 09, 2020 5:46 pm

[size=32]Iraq’s movement to remove its name from the list of countries that finance terrorism and money laundering[/size]


43 Minutes Past





The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries 800_5e11a167e97bb-341x341








The inclusion of Iraq in the list of high-risk countries regarding money laundering and terrorist financing, which was taken by the European Commission, has raised the country's authorities' concerns regarding the serious negative impacts that this will entail, which has prompted it to act in an attempt to raise the name of Iraq from the list.

The European Commission included Iraq with other countries, including Syria, Afghanistan, Pakistan, Yemen, and others, in the blacklist of countries that pose financial risks to the European Union, due to the indicators of the existence of money laundering and terrorist financing, considering that it has become a threat to the financial system of the Union.

The inclusion of Iraq in the list has very serious consequences, as an Iraqi government official assured Al-Jadeed Al-Jadeed that among those consequences would be the imposition of restrictions that are still unknown in their type or severity and their impact on financial transfers to and from Iraq, which will be reflected negatively. On investment and the work of investors in the country. ”

The Iraqi official added that "there is strict control that will be imposed as a result of this on the financial transfers to Iraq, which will necessitate great scrutiny, and to demonstrate the legitimacy of those funds and their sources, and the aspects of their spending, and this will all impede the financial entry to Iraq, and that the cost of transfer and credit will double, and this will negatively affect Iraq will exacerbate its financial crisis. ”

According to a spokesman for the Iraqi Foreign Ministry, Ahmed Al-Sahaf, the minister called on the foreign ministers of European countries to reject the decision, stressing, in a statement, that “the minister assured his counterparts in the letter that Iraq has implemented important laws and procedures over the years aimed at combating money laundering and financing Terrorism, and mitigating the risks associated with it.

He added that he stressed that "not rejecting the decision will have a significant economic and social impact on Iraq, and will affect cooperation with the member states of the European Union in accordance with the partnership and cooperation agreement between them."

To that, the Office of Combating Money Laundering and Terrorist Financing in Iraq considered today, Thursday, that the reason for Iraq’s inclusion in the European Union’s list of high-risk countries in this regard is due to the “security situation”.

The office linked to the Iraqi government said that "efforts to remove the name of Iraq from the European list of high-risk countries are still ongoing since the issuance of that list for the first time in 2016, and noted that" the continued inclusion of Iraq in the European Union list was not due to the indication of a deficiency in the Iraq file It was under the pretext of the security situation in Iraq.

Iraqi Foreign Minister Fuad Hussein sent a message to European foreign ministers, asking them to reject the Commission’s decision so that Iraq can get rid of those consequences
Former Iraqi Member of Parliament Majed Shankali warned against the consequences of Iraq not taking urgent steps to remove it from the list and address the files of money laundering and terrorist financing, stressing to the "new Arab" that "the inclusion of Iraq among these countries has a great risk, as it will entail a lot of Commitments to get out of this list again, "noting that" trying to get out of the list is very important at this stage, especially in light of what Iraq suffers from a financial and economic crisis. "

He stressed that "the Central Bank of Iraq is required to take a lot of measures in relation to money laundering, money laundering and terrorist financing, as European reports depend on a lot of criteria that may be difficult for Iraq to adhere to, but they are necessary," noting that "the list will deprive Iraq of many One of the advantages enjoyed by financial and banking transactions, and will negatively affect Iraq if there are no urgent measures that cause his name to be removed from that list.

He added that "even if the name of Iraq is removed from the list, there will be severe monitoring of it during a period of 3 or 6 months, and if it does not implement its obligations, it will be returned back to the list, which requires the government and the competent authorities to take strict measures to end that danger."

Iraqi officials blamed the government for the serious corruption that Iraq has reached, demanding remedies and solutions.

The deputy of the Alliance of Forces, Raad Al-Dahlaki, stressed that "the results of this will be harsh for Iraq, so the foreign minister should search for the reasons for Iraq reaching this dangerous stage."



Al-Dahlaki told Al-Arabi Al-Jadeed that political mismanagement caused all of this to Iraq, and that the lack of deterrence for those outside the law and the lack of control over relations with neighboring countries, especially Iran, made Iraq a country for money laundering and terrorist financing, stressing:

 “We need To strict political measures, and we demand the international community not to punish the Iraqis by the daring of those who follow to external bodies and work with other agendas. ”

He pointed out that "European countries follow facts and evidence in determining this, and that if we do not put an end to that situation that we have reached, the results will be dangerous for the country."

As for the member of the Foreign Relations Committee in the Iraqi parliament, Representative Amer Al-Fayez, he considered that Iraq’s attempt to get out of that list “indicates that the Iraqi government and the foreign minister are standing against international activity in order to expose workers in money laundering, which is not correct.”

Al-Fayez stressed that "Iraq is supposed to work to address this defect identified by the report, and that it seeks to end the files of money laundering and terrorist financing, and that the government is not able to investigate and address the files, and it must use the international effort for that, not to mediate to reject the report." He stressed, "The file cannot be covered, and the government must be aware of the risks."



Akhtam Saifuddin

New Arab




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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Economist determines the reasons for Iraq to be blacklisted at the level of 'money laundering'

Post by claud39 on Fri Jul 10, 2020 4:36 pm

[size=30]Economist determines the reasons for Iraq to be blacklisted at the level of 'money laundering'[/size]




2020.07.10





The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries 692a03e39-35046-202007101205








Baghdad - people 

 

The expert in the field of anti-corruption identified the reasons for Iraq to remain on the list of high-risk countries regarding money laundering and terrorist financing.

  

The expert Saeed Yassin Moussa said in a statement followed by "NAS" (July 10, 2020), "The central bank obtained an index from the European Union three years ago confirming the existence of a decline in Iraq's commitment to combat smuggling and money laundering," asking, "Where do these funds go?" Who is the beneficiary of it? "

  

Moussa reviewed the most important indicators set by the European Union Commission on financial policy in Iraq in the area of ​​smuggling and money laundering abroad, which keep the door open to all possibilities, indicating that these indicators confirm the presence of lost money, no one knows where to go, and there is tax evasion. 

 

Moussa added that "Iraq imports annually (multi-purpose goods, most of which are consumable) at about (60) billion dollars from abroad," noting that "most of the countries that are imported from Turkey are about (19) billion dollars, and Iran (18) billion dollars annually , As well as South Korea, China, Jordan, the UAE, and Saudi Arabia. "  



He stated by saying, "When these amounts are compared with the goods entering Iraq, it was found that they (imported goods) are not worth the money sent." He pointed out that "there are indications with the Iraqi government and regulatory authorities that there is tax evasion, and the customs evade by changing the gender of the goods and forging some The documents, in terms of quality, quality, and import license, all of which are considered to be money smuggling.

  

He pointed out that "one of the indicators set by the European Commission on Iraq is that land ports constitute 80% of goods entry and 20% of goods enter through ports, in addition to a business environment that is free from competition between companies (government investment contracts do not have transparency and fair competition Between companies)". 

 

He added that "among other indicators is that investment companies are not protected, as they are subjected to blackmail (multi-faceted) by local communities (taking royalties from companies) and armed or administrative or political blackmail (obtaining some benefits and percentages)", noting that "this This kind of blackmail gives an image that Iraq is an insecure environment for the movement of capital, production and contracts. " 

 

He also explained, "The human rights environment is also an indication of the risks restricted by the European Commission, which is the outbreak of demonstrations that confirm the underdevelopment of the business and services sector, which led to the existence of popular demands that met with death," noting that "the failure to provide the perpetrators (the killers of the demonstrators does not provide A safe environment for freedom of opinion and expression and the claim of rights, so how if it is a foreign company? 

 

And, "There is a significant retreat in the rule of law, especially when state institutions are not fully in control to protect the security of citizens and part of it is the restriction of arms in the hands of the state," stressing that "Iraq has dealt with the European Union and NATO on self-assessment and analysis of the security sector environment, defense and armament" .  



He also said, "The reason for the decline in security and defense is due in large part to the import of arms, contracts and quality, and these are all indicators developed by the European Union Commission before Iraq was included in the list of countries that pose financial risks, due to a deficiency in the fight against money laundering and terrorist financing." 

 

The inclusion of Iraq in the European list leads to the possibility of imposing more restrictions on financial transfers to and from Iraq, which makes it difficult for Iraqi and European investors to work in the country that is already suffering from a severe financial crisis.  





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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Foreign Minister Fuad Hussein calls his German counterpart to support the removal of Iraq from the list of high-risk countries in money laundering and terrorist financing

Post by claud39 on Sun Jul 12, 2020 11:13 am

[size=34]Foreign Minister Fuad Hussein calls his German counterpart to support the removal of Iraq from the list of high-risk countries in money laundering and terrorist financing[/size]




12/07/2020





The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries WhatsApp-Image-2020-07-12-at-12.07.29-AM-1024x802






Foreign Minister Fuad Hussein received a phone call from German Foreign Minister Heiko Maas. And they discussed the bilateral relations between the two countries, and the prospects for upgrading them to meet the aspirations of the two friendly peoples.

The Minister affirmed his keenness to enhance bilateral avenues of cooperation with Berlin in various fields.

He congratulated his German counterpart on his assumption of the presidency of the European Union, expressing his aspiration for the relations between Iraq and Europe to witness a development that would contribute to achieving the aspirations of the two sides.

He called for Mr. Haiku Mas to intensify his efforts to remove the name of Iraq from the list of high-risk countries in money laundering and terrorist financing. 

In the same context, the German Foreign Minister confirmed that he will chair the ministerial meeting of the Federation next week, and will use his efforts to address this issue at the request of Iraq.

The two sides discussed the economic file, and activating bilateral cooperation mechanisms to benefit Iraq and Germany.

The Minister affirmed that the doors of the Iraqi market are open to German companies. Because of its long history of working in Iraq, the Ministry will work, as far as it is concerned, to communicate with the concerned authorities and ministries to address the difficulties faced by Siemens.

While the German Foreign Minister revealed the strong desire of German companies to work in Iraq.

Regional and international issues and their repercussions on Iraq had a share of the research between the two ministers. The Minister called on Germany to use its political and economic weight with regional countries to prevent interference in Iraq's internal affairs.

Pointing out that Iraq’s new foreign policy depends on the equivalence of finding balanced relations with all neighboring countries based on the principle of good neighborliness, achieving common interests, solving problems by peaceful means, and removing Iraq and its people from international and regional tensions.

For his part, Mr. Haikou Maas considered that Iraq’s policy in establishing its relationship represents the right path for relations with regional countries, noting that Germany will work hard to protect Iraqi sovereignty, confirming Germany’s continued support to Iraq in various fields.

In another axis, they discussed the Syrian situation, and the minister affirmed that the complicated security and political situation and the fighting in Syria negatively affect the Iraqi security situation.

For his part, Mr. Haiku Mas confirmed that his government is a member of the international coalition in the fight against ISIS, and is ready to continue to support in this field; Explaining that ISIS is a threat to everyone.




https://www.mofa.gov.iq/2020/07/?p=15850
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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty German Foreign Minister: We will use efforts to remove the name of Iraq from the list of high-risk countries

Post by claud39 on Sun Jul 12, 2020 7:56 pm

German Foreign Minister: We will use efforts to remove the name of Iraq from the list of high-risk countries



12-07-2020 



The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Image






Baghdad / news

The German Foreign Minister, Haikou Maas, confirmed that his country's government will use efforts to remove Iraq from the list of high-risk countries.


A statement on the Iraqi foreign ministry received by Al-Akhbariya stated that "Foreign Minister Fouad Hussein called on his German counterpart to support the removal of Iraq from the list of high-risk countries."


The German minister confirmed, according to the statement, that "Germany will use efforts to remove the name of Iraq from the list of high-risk countries."




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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Money laundering excesses

Post by claud39 on Wed Jul 15, 2020 1:51 pm

[size=36][rtl]Money laundering excesses[/rtl][/size]




Tuesday 14 July 2020





The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries 980-Alsabbaq










Muhammad Sharif Abu Maysam
 

The recent decision of the European Union Commission regarding the continuation of keeping Iraq on the list of high-risk countries regarding money laundering and terrorist financing, contrary to all the transformations that led to the exit of Iraq from the list of countries subject to monitoring and follow-up by the International Financial Action Task Force (FATF) in July 2018. 


After the legislation of the Money Laundering and Anti-Terrorism Law No. 39 of 2015, Iraq was able to achieve significant progress in the applications of fighting this phenomenon through a series of decisions and procedures aimed at reaching the level of requirements that are consistent with international standards to combat this phenomenon, and among the most important of them, was to take a decision on the independence of the Anti-Laundering Office Funds within the Central in the year 2016.


 And contracting with international companies to train on modern operations in this area. At a time when the governor of the Central Bank confirmed during his meeting with representatives of government and private banks, at the end of May 2016.









https://alsabaah.iq/27666/%D8%AA%D8%AE%D8%B1%D8%B5%D8%A7%D8%AA-%D8%BA%D8%B3%D9%84-%D8%A7%D9%84%D8%A3%D9%85%D9%88%D8%A7%D9%84
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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Iraq is blacklisted by the European Union

Post by claud39 on Sat Jul 18, 2020 11:12 am



[size=35]Iraq is blacklisted by the European Union[/size]


A big problem, such as the accusation of money laundering, cannot be faced with appeals from the State Department.

Saturday 07/18 2020








The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Money






[size=20]The Central Bank of Iraq is silent and we have not heard of any comment


 The file must be dealt with in a professional manner before Iraq requests that its name be removed from the list

 Imposing restrictions on money transfers to and from Iraq, which hinders the flow of funds necessary for investment
















No soft loans from the International Monetary Fund, monitoring all financial transfers to and from Iraq, low investment companies ’business to expose them to extortion.




These are the most prominent "gains" of Iraq, after being placed by the European Union on the list of high-risk countries in money laundering and terrorist financing! How can Iraq get out of this list?




Let's start from the first story.




We say ... the situation in Iraq has become threatened with economic collapse after being placed by the European Union on the list of countries that lack international standards to prevent money laundering and combat the financing of terrorism.




This is not new to Iraq, as the European Union previously put Iraq on this list since 2016, and the European Union has tried to help Iraq out of this list after the Union helped in 2018 lift the sanctions that were imposed on it. Instead of Iraq benefiting from this positive step to improve its image and economic situation in front of the world, it has gone into projects tainted by corruption in addition to the continuation of the currency auction, which the European Union considers a broad window for money laundering, so the European Union renewed Iraq’s fixation in this list within its latest version in July 2020.




It is true that Iraq moved diplomatically in the recent period to remove its name from this list, when the Iraqi Foreign Minister Fuad Hussein called his German counterpart Haikou Maas, who will head the European Union this week, asking him to make efforts to remove Iraq from the list of high-risk countries in money laundering and terrorist financing.




But ... such important issues cannot be solved by phone call, as happens in Iraq when a criminal is released by phone call, or when someone is assigned to an important location by phone call as well, since this file must be dealt with in a professional manner, there are specific requirements And fixed standards for Iraq to adhere to before it requests the competent authorities to remove its name from this list.




But a lord of questioner says what does it mean to place Iraq on this list. We say that this does not only mean placing restrictions and monitoring financial transfers to and from Iraq, but the matter also relates to the difficulty of obtaining financial grants and soft loans from the International Monetary Fund, at a time when Iraq is in great need For such loans to pay the salaries of his employees is nothing but.




It is true that the foreign and finance ministries moved "a little"To end this file, except that specialists confirm that this file can be resolved through the Central Bank of Iraq, which has remained silent about this file and we have not heard any comment from it, especially since the European Union considers the Central Bank not to adhere to professional standards in dealing with the currency auction that allows money laundering Significantly, as the European Union knows very well that Iraq imports annually about $ 60 billion worth of goods, and knows that the volume of import from Turkey is about $ 19 billion, and from Iran it is about $ 18 billion and much less is imported by China, Jordan, the Emirates, and Saudi Arabia, so The European Union asks about the rest of the sums that go out of Iraq under the pretext of import, but they disappear in Arab and foreign banks without entering any imported goods, which is considered an indication of money laundering, especially since the Lebanese financial crisis revealed the existence of billions of dollars resulting from the sale of oil. Kurdistan region in the Lebanese banks without knowing itThe federal government in Baghdad!




Putting Iraq on this list will reduce many investment opportunities, especially as investment companies are subjected to multifaceted blackmail by militias that take royalties from companies that the European Union considers unprotected as a result of this blackmail.




It can also be said that the position of the European Union in Iraq on this list is not a punishment as much as it is imposing restrictions on financial transfers to and from Iraq, which will disrupt the flow of funds necessary to develop investment within the country! As per the laws of the European Union, banks, other financial companies and tax companies are obligated to have more careful scrutiny towards their customers who have dealings with the countries on the list, and as a result of Iraq’s inclusion in the list, banks and other entities covered by the European Union’s anti-money laundering rules will have to apply Increased checks on financial operations that include customers and financial institutions from these “high-risk” countries in order to identify any “suspicious” financial flows.




Placing Iraq on this list will seriously damage its financial and political reputation, as it will affect its current credit rating from B- to C- or C + or other lower ratings and this will entail significant costs, as it will be difficult for Iraq to obtain credit or international loans or From international institutions granting concessional terms.




Also, according to this European decision, the conditions will be harsh for the loan requested by Iraq and approved by Parliament from international institutions, and it is expected that the interest rates and guarantees required will increase and the grace period for repayment will decrease, and it will be difficult for Iraq to schedule its debts. All of these matters will result from a lowering of the credit rating.




We say that the Iraqi Foreign Minister’s appeals to his German counterpart to make efforts and remove Iraq from this list will not help, as the European Union has for years been Iraq is the largest country that laundered money abroad, and money laundering operations that have been carried out during the past years can be estimated between 250 to 350 billion Almost dollars, and this rounding in numbers is due to the lack of information or transparency.




Iraq must take effective and positive steps if it wants to get out of this list. First, it must take effective measures towards combating the money laundering and terrorist financing process and demonstrate its restriction to the militias they are talking about and neutralize its activity, as the Foreign Ministry’s “objections” will not produce a result, unless The currency auction, which is the largest window for smuggling and money laundering, stops.




And if Iraq wants to get out of this list, we can say that there are specific requirements and fixed standards, which Iraq is required to abide by to get it out of this list, there are periodic legal issues by the European Union that clarify these standards and requirements and this matter requires Iraq to allocate professional and specialized people to follow This matter and communication with the legal and financial authorities in the European Union and their dialogue in detail to identify these requirements and raise Iraqi standards in the financial and legal aspects in order for Iraq to come out of this list.




Prior to that, and as a gesture of goodwill on Iraq, stopping the currency auction and neutralizing the work of the militias that threaten and blackmail investors, and work in all transparency with its financial dealings with the countries of the world. Thus, only Iraq can get out of this list. Will Iraq be able to do that?









https://middle-east-online.com/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%81%D9%8A-%D8%A7%D9%84%D9%82%D8%A7%D8%A6%D9%85%D8%A9-%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D8%A1-%D9%84%D9%84%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A
[/size]
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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Finnish Foreign Minister: We look forward to economic cooperation between the European Union and Iraq

Post by claud39 on Fri Jul 24, 2020 5:14 pm

Finnish Foreign Minister: We look forward to economic cooperation between the European Union and Iraq




23-07-2020 





The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Image










Baghdad / news




The Finnish Foreign Minister, Pekka Haavisto, confirmed his country's aspiration for economic cooperation between the European Union and Iraq.




"We look forward to economic cooperation between the European Union and Iraq," Haavisto told a joint news conference with Iraqi Foreign Minister Fuad Hussein in Baghdad.




For his part, Hussein affirmed by saying, "We welcome the opening of the embassy of the Republic of Finland in Baghdad and discussed the situation of the Iraqi community in Finland and working together to solve their problems."








https://www.ikhnews.com/index.php?page=article&id=222195
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The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries Empty Ambassador Sadiq Al Rikabi presents his credentials to the President of the European Commission

Post by claud39 on Sat Aug 08, 2020 11:17 am

[size=34]Ambassador Sadiq Al Rikabi presents his credentials to the President of the European Commission[/size]




08/08/2020





The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries 0E16FDEF-9E73-4077-A547-8D5532D323EB-1024x683











Ambassador Sadiq Al-Rikabi presented his credentials as the head of the Iraq mission to the European Union to the President of the European Commission, Ms. Ursula van der Leyen, at the headquarters of the European Commission in Brussels.

At the ceremony of presenting his credentials, the ambassador conveyed the greetings of His Excellency the President of the Republic of Iraq, Dr. Barham Salih and the Iraqi government, affirming Iraq's desire to develop bilateral relations with the European Union in various fields, and to activate the Partnership and Cooperation Agreement (PCA) between the two parties, calling for Iraq to benefit from the capabilities. And European experiences in the various political, economic and security fields.

For her part, the President of the European Commission praised the great role that Iraq plays in fighting terrorism, especially ISIS terrorist gangs, and stressed the European Union's support for Iraq at all levels, and the importance of activating the partnership and cooperation agreement concluded between the two sides.





The text of Fouad Hussein's message regarding the decision to include Iraq is a list of high-risk countries A9E866DB-9B38-4A9C-B742-2C85AA4325CB-1024x683







https://www.mofa.gov.iq/2020/08/?p=16428
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