Washington praises of Baghdad in pursuit of terrorist financiers

9/2/2017 0:00

BAGHDAD / morning
A delegation from the US Treasury praised the Iraqi Central Bank action to combat the financing of terrorism and money laundering. According to a statement of the bank that "the delegation that visited on Wednesday the Central Bank of Iraq and discussed and listened to the procedures and mechanisms, in particular that have been applied over the past year regarding the advanced electronic programs used by the bank for the first time."

The delegation expressed "surprise at the speed and efficiency of the use of such programs and standards set by the Bank with the help of the international audit office [KPMG] and on the organization of dollar selling operations and control through degrees of compliance of each bank to all the rules to comply with the law against money laundering and terrorism financing No. 39 of 2015".

And gave the Central Bank of the delegation of the US Treasury , " a detailed electronic system applied by the bank to monitor the movement of the dollar sold an explanation."

The delegation also discussed the extensive training program , which will begin soon by the central bank , which aims to train and rehabilitate the bank staff working in the field of control and supervision.

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