Forum Iraq banking recommend activating the anti-money laundering 9/19
Forum Iraq banking recommend activating the anti-money laundering
Beirut - envoy morning
Recommended Iraq forum banking activate and develop joint agreement between all of the Iraqi Central Bank and the Bank of Lebanon to activate cooperation in the field of combating money laundering and the financing of terrorism through the exchange of information and training.
Forum held under the auspices of Central Bank Governor Riad Salameh, the governor of the Iraqi Central Bank d. On the Keywords and organized by the Economics Group and business urged its recommendations on the promotion of foreign investment role and take advantage of the investment opportunities available in both countries for the development of infrastructure and the development of the residential sector and priority sectors under the laws of Alvavzh investment in the two countries, also urged working in the two banks to build bridges of cooperation and open branches and banking offices in both countries and to make mutual credit lines for the development of economic sectors and providing equal opportunities for both sides.
The recommendations focused on the need for the exchange of experiences between the banks of the two countries as well as experiences in the banking, economic and financial area, to improve and develop the banking business through the Coordinating Committee that will shape by both banks, as focused on the development of banking technologies expertise and transfer between the Central Bank of Lebanon and the Central Bank of Iraq, especially the electronic payment systems, as well as Iraqi banks commitment and branches of Lebanese banks in Iraq to work in earnest and within the timing set by the Central Bank of Iraq to the implementation of the technical requirements for the system of national divider, according to electronic payment services and instructions issued system Bmujbh.ogest recommendations technology international information companies and the Lebanese specialized software and owners of capital in both countries to enter the Iraqi market more effectively, in light of the Iraqi Central Bank's efforts to create an environment in legislative and banking encouraging that, as a student working in the two banks to abide by the rules of corporate governance and a commitment to the laws and rules work in Iraq and Lebanon.
also concluded recommendations need to form a joint committee between the Iraqi private banks association and the Association of Banks in Lebanon to put the recommendations into practice according to a timetable to be agreed upon between the two sides for this purpose.