The Central Bank announces the formation of the Anti-Money Laundering and Terrorism Financing Council
{Baghdad: Al Furat News} The Council of Ministers announced the approval of the third annual report of the Council for Combating Money Laundering and Financing Terrorism, in the presence of (Chairman of the Council – Governor of the Central Bank of Iraq).
The Cabinet called for “the Office of Anti-Money Laundering and Terrorism Financing to continue to take the necessary measures to combat money laundering and terrorist financing, in coordination with the supervisory authorities.”
The Anti-Money Laundering and Terrorism Financing Council was formed according to Law No. 39 of 2015, which is chaired by the Governor of the Central Bank and the membership of a number of ministries and agencies not associated with a ministry.