Association of banks are looking with the Treasury Department to develop ways to combat money laundering.

التحریر:: 2016/6/1 14:48

{Baghdad: Euphrates news}

searched Iraqi private banks Association, with a team of u.s. Treasury updates pertaining to the banking sector in Iraq.

A statement of the Association of banks received {Euphrates news} copy today Association representatives, provided a comprehensive overview of development banking constraints and delimiters facing private banks ", wrote to the Association's efforts to develop efficient banking sector particularly in combating money laundering and financing of terrorism, through training of workers in this sector in cooperation with the Foundation for global ACAMS.

The us Treasury representatives pointed out during the meeting to the CBI decision about 300 banking company shuts down for the purpose of subjecting them to scrutiny by the Central Bank's standards.

The us Treasury representatives stressed their "support for the Iraqi Central Bank plans for development the sector and banking llmaayiraldolih in combating money laundering and financing of terrorism".

"Developing the sector has also been addressed the banking and need to overcome obstacles to take real cycle".