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  1. Source: In the race to compete for Parliament .. Jubouri withdraws and Nujaifi said his chances and Tamim places of integrity! The source close to the negotiations between the Sunni parties in a press statement that the competition for the position is between the candidates of the National Alliance of forces Mohamed Halbusi and the coalition of decision Talal Zobaie, after the decline of Nujaifi's chances, as well as the withdrawal of Salim al-Jubouri from the competition because of losing in the elections. He added: Nujaifi does not enjoy great acceptance among the Sunni spectrum, and that the competition is between Halabusi and Zobaie now. The source said: "Mohamed Tamim has become outside the competition after the referral of his file by the Prime Minister to the Integrity Commission, stating: The Federal Court will not ratify the names of the successful candidates referred their files toThe Integrity Commission, who held former ministerial portfolios. https://www.thebaghdadpost.com/ar/Story/117241/%D9%85%D8%B5%D8%AF%D8%B1-%D9%81%D9%8A-%D8%B3%D8%A8%D8%A7%D9%82-%D8%A7%D9%84%D8%AA%D9%86%D8%A7%D9%81%D8%B3-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D8%A7%D9%84%D8%AC%D8%A8%D9%88%D8%B1%D9%8A-%D9%8A%D9%86%D8%B3%D8%AD%D8%A8-%D9%88%D8%A7%D9%84%D9%86%D8%AC%D9%8A%D9%81%D9%8A-%D9%82%D9%84%D8%AA-%D8%AD%D8%B8%D9%88%D8%B8%D9%87-%D9%88%D8%AA%D9%85%D9%8A%D9%85-%D9%85%D8%AD%D8%A7%D9%84-%D9%84%D9%84%D9%86%D8%B2%D8%A7%D9%87%D8%A9
  2. Iraqi Prime Minister Haider al-Abadi’s Victory Bloc reportedly reached an agreement on Friday to form the country’s next government. According to a statement released by the bloc, the agreement includes Moqtada al-Sadr's Sairoon coalition (frontrunner in Iraq’s May 12 parliament polls), Ammar al-Hakim’s National Wisdom Movement and Iyad Allawi’s National Coalition. In a statement, Khaled al-Obeidi, the Victory Bloc’s chief negotiator, said preliminary talks with the Wisdom Movement and the National Coalition had “led to positive results and common understandings, laying the groundwork for a viable government program”. “We are now in close agreement with Sairoon, Wisdom and the National Coalition, and have also forged understandings with the Kurdistan Democratic Party,” al-Obeidi added. On Thursday, Iraq's official electoral commission announced that a manual recount of the May 12 poll results were more or less the same as the initial electronic vote count. According to the commission, only one seat from Iraq’s Baghdad Coalition had moved to the Al-Fatih Bloc, which is part of a Hashd al-Shaabi-led coalition (giving the latter 48 -- instead of 47 -- assembly seats). For the last two months, results of the poll had remained the subject of bitter dispute amid widespread allegations of vote-rigging. According to those initial results, al-Sadr's Sairoon coalition clinched 54 seats, followed by Al-Fatih (47 seats) and al-Abadi's Victory Bloc (42 seats). Once Iraq’s Federal Court approves the results of the manual recount, incoming MPs will hold a first session to elect a new assembly speaker. Within 30 days of that first session, the assembly will elect -- by a two-thirds majority -- the country’s next president. The president will then task the largest bloc in parliament with drawing up a government, which must be referred back to parliament for approval. https://www.aa.com.tr/en/middle-east/iraqi-pm-s-coalition-reaches-deal-to-form-government/1227859
  3. Document .. The central bank directs Iraqi banks to ban dealing in dollars with Iran The media office of Prime Minister Haider Abadi, earlier in the day, that Iraq will be forced to give up the dollar in trade accounts with Iran, under US sanctions imposed on Tehran. Prime Minister Haidar al-Abadi said on Tuesday (August 7, 2018) that Iraq is not sympathetic to US sanctions against Iran, but his government is obliged to abide by those sanctions to protect the interests of the Iraqi people. US sanctions on Iran entered its first phase on Tuesday (August 7, 2018), while US President Donald Trump called sanctions on Iran "the harshest sanctions imposed so far" and will be escalated to a new level in November, Is cooperating commercially with Tehran by "losing its trade relations with the United States". Mg https://www.thebaghdadpost.com/ar/Story/116877/%D9%88%D8%AB%D9%8A%D9%82%D8%A9-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D9%88%D8%AC%D9%87-%D8%A7%D9%84%D9%85%D8%B5%D8%A7%D8%B1%D9%81-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9-%D8%A8%D8%AD%D8%B8%D8%B1-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%85%D9%84-%D8%A8%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%85%D8%B9-%D8%A5%D9%8A%D8%B1%D8%A7%D9%86
  4. Revealed a coalition of victory headed by Haider Abadi, reached a preliminary agreement with 3 political lists to form the largest bloc and the next government. A statement by the Office of the leadership in Nasr al-Obeidi, received the agency {Euphrates News} copy of that Obeidi "led the delegation of victory composed of parties belonging to the coalition, to discuss with the delegation of the wisdom movement headed by Mr. Raad Hakim, and the delegation of the National Coalition in charge of negotiating the formation of the largest bloc and the announcement of the Iraqi government Coming ". The statement quoted al-Obeidi as saying that "the preliminary talks with the delegation of wisdom and patriotism came out with positive results and common understandings," adding that "the talks agreed to lay down the guidelines for the work program of the next government and within clear time limits, stressing the need to reject the principle of quotas in the formation of the government "He said. It was agreed with the wisdom and patriotism to put the terms of the agreement and discussed and agreed upon in preparation for signing before announcing the formation of the largest bloc formally." And on the nearest blocks to victory to form the largest bloc, Obeidi said, "We are now in great agreement with the alliances of Sason and wisdom and patriotism, in addition to the existence of advanced understandings with the Kurdistan Democratic Party and we have continued with the Fatah Alliance." He stressed that "the doors of the Alliance of Victory is open to all blocs that believe in rejecting the principle of quotas and is ready to contribute and cooperate in the fight against corruption and the pursuit of corrupt and any party or bloc was, and has the ability to rebuild state institutions, and consider the re-enactment of service laws and investment and economic ability to provide the largest number Of job opportunities for the unemployed, and ensure a decent free life for the Iraqis. " [ltr]http://translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=ar&sp=nmt4&tl=en&u=http://alforatnews.com/modules/news/article.php%3Fstoryid%3D171331&xid=17259,15700022,15700124,15700149,15700168,15700186,15700190,15700201,15700208&usg=ALkJrhj_NT2RI91AfJGzkKeE0XJQmrwxxQ [/ltr]
  5. Abadi directs the recovery of the funds of citizens deposited with banks and the payment of dues to the owners of mills for Benin Information / Baghdad ... Prime Minister Haider al-Abadi, on Thursday, the recovery of funds of citizens deposited with banks and the payment of dues of millers in the province of Nineveh. Abadi said in a statement received by the agency "Information", a copy of which, "The Prime Minister met today, the elders and elders and the people and the provincial government of Nineveh province in the presence of the Committee for Services and reconstruction in the provinces and a number of officials." Abadi stressed that "the cooperation of the people of Nineveh with the security forces was one of the most important reasons that led to the liberation of the province," noting that "the return of life in Nineveh was the best response to terrorism." He explained that "terrorism and corruption destroyed our cities and we must cooperate to rebuild cities and fight corruption, despite the attempts of detainees," noting that "we listen to all and not only to those who pretend and which is a constitutional left." "Obstructions and provision of services are not material, but there is mismanagement, lack of knowledge and uncertainty, and much of the failure is due to lack of previous planning," he said. The Prime Minister called for "facilitating the entry of locally produced goods in Nineveh province without passing through the customs control points. The relevant authorities shall submit their recommendations to implement this, and to deal with the bottlenecks in the execution of the statements and the completion of transactions to compensate those affected by terrorist crimes or military operations. Urgent plan for that. " He instructed the Ministry of Justice to "take the necessary measures to re-establish relations and establish a reservation signal to facilitate lending operations at the Industrial Bank." He pointed out that "public and private banks should activate the procedures for the recovery of funds deposited with them by the citizens in accordance with the established regulations. The Ministries of Agriculture and Trade will decide to hand over the financial benefits to the owners of the local mills established in 2014. Sale and purchase under strict controls ". He stressed "the need to provide basic medical devices in appropriate numbers, as well as improve the status of medical and health services and provide health centers with medicines, especially drugs to treat cancer," stressing the need to take rapid measures to increase the number of beds in hospitals and mobile centers and hospitals on the right side, Review the health projects that have been initiated previously and develop a plan to rehabilitate a number of them under priorities set in coordination with the relevant authorities. "The importance of moving quickly to rehabilitate two additional bridges to facilitate the movement of citizens as well as the completion of projects to restore the strategic bridges and bridges, and investigate the causes of overcrowding in fuel stations and verify the amounts allocated for fuel to the areas of the province, And check which rig gets processed. " He stressed the need to activate small and soft loans to activate small and professional projects and simplify procedures for this purpose in light of the needs of the districts and districts provided by their representatives. The ministries and local governments should improve the municipal services related to water, sanitation, cleaning and clothing at the level of each district, From the Department of Real Estate Registration in the province of Nineveh and the security forces (the Ninawa Operations Command and the popular crowd) to end cases of encroachment on housing and other real estate immediately. " The Prime Minister called on the Ministry of Agriculture to "review the agricultural plan in Nineveh province to ensure better working conditions in the agricultural sector in the province and to adhere to the specified quantities of agricultural inputs and to make appointments from the movement of owners to Nineveh province in different sectors. On the rescheduling of debts and loans and their benefits to borrowers from public and specialized banks for productive purposes. He pointed out the importance of activating investment activities in various sectors and working on rehabilitation of industrial, production and other service projects to provide job opportunities for the people of different regions. The Joint Operations Command will provide the appropriate ways to facilitate movement to and from Sinjar and Talsqaf, Demining in different areas ". Ending / 25http://www.almaalomah.com/2018/08/09/333594/
  6. KOBISH: The new Iraqi government may be formed by Eid al-Adha. This is what we expect from Sistani 2018/08/10 09:30 (Encyclopedia of this day , news) - Baghdad today - follow-up The head of the United Nations Assistance Mission in Iraq (UNAMI), Jan Kubic, said that the formation of the new government could be "by Eid al-Adha," to meet the aspirations of Iraqis who in their recent demonstrations sent a very strong message expressed their frustration with the political system. "There is a chance for the Grand Shiite cleric Ali al-Sistani to influence the thinking of the political forces," Kubish told the daily Asharq al-Awsat, calling on the authorities in Baghdad to "continue the policy of openness initiated by Prime Minister Haider al-Abadi With neighboring countries, especially Saudi Arabia and the Gulf states. " "The partial re-screening of votes in some parts of Iraq after the elections last May may be a disguised blessing," Kubic said. "It is good that the authorities have decided to manually re-categorize the doubtful and doubtful votes, This gives more credibility to the election process and we hope for its results as well. " He noted that the formation of the government coincided with the demonstrations in the south of the country where "people have sent a very strong message about what they expect from the government that needs to meet their needs, the country's need for very deep reforms, the fight against corruption and so on." "There is an opportunity for Mr. Ali al-Sistani to express his opinion and certainly influence the thinking of the political forces," Kubic said. "People have sent messages by expressing their aspirations for the future government and its programs. He expressed hope that "the formation of the new government after the completion of the recount and the confirmation of the results by the holiday of Eid al-Adha, perhaps after Eid or before," and hoped that "the acceleration of political parties to the final stage of consultations to form a government that must be with reform and meet the aspirations People and their needs and have the political will to do so. " "They were mainly young people with long-standing complaints about the lack of basic services, the lack of electricity, the lack of jobs, and rampant corruption," said Kubic in the UN Security Council. "Their message has become more politicized and critical of national leaders and successive governments to neglect the needs of people who expressed their deep and growing frustration at the political system, including the quota system, and disdain foreign interference in Iraq's internal affairs." In response to a question about the rapprochement initiated by the government of Prime Minister Haider Abadi with neighboring countries, Kubic said: "I now expect that people in Iraq see how important and positive openness to cooperation with all countries in the region and with international partners," especially referring to " Gulf where there is a common will to work with Iraq. " He said the next government "will simply continue this cooperative position with the countries of the region." He urged the political leaders to "listen to the voice of the people, take advantage of the opportunity and accelerate the process of forming a national, non-sectarian national government that will use the rich resources of Iraq for the benefit of its people and guarantee the full sovereignty and true independence of the country." Any foreign interference ". BAGHDAD (Reuters) - Secretary-General of the Party of Solution Mohammad Karbouli on Thursday (August 9, 2018) called on the United Nations to intervene after announcing the final results of the elections. Karbouli said in his page on Facebook and followed by "Baghdad Today", that "it is from Baghdad today - Kirkuk The Turkmen Front, on Friday (August 10, 2018), suspended the decision of the Board of Commissioners to match the results of the counting and manual sorting of the Kirkuk elections. The deputy head of the Turkmen Front Hassan Tauran said in a statement received by "Baghdad today," that "the Council The Electoral Commission of the Independent High Electoral Commission (IHEC) announced on Thursday (August 9, 2018) the results of manual counting and counting in the stations contested during the parliamentary elections held on 12 May. The Council stated that " Note: The content entitled (Kubish: the new Iraqi government may be formed by Eid al-Adha .. This is what we expect from Sistani) published first on the site (Baghdad today) and does not bear the encyclopedia of this news day content in any way. You can see the details of this address (Kubish: the new Iraqi government may be formed by Eid al-Adha, this is what we expect from Sistani) through its original source any location (Baghdad today). https://baghdadtoday.news/ar/news/54564/كوبيش-الحكومة-العراقية-الجدي
  7. Governor of the Central Bank of «Economy News»: Iraq implemented all the recommendations of the International Labor Organization The Governor of the Central Bank, Ali al-Alak, that Iraq has implemented all the recommendations of the International Financial Action Organization "FATF" of 44 recommendations, which moved from the follow-up area to the regular follow-up area, which is subject to other countries every two years, noting that Iraq ranks fourth Arab as the best Foreign currency reserve. The governor of the Central Bank Ali Al-Alak was named the best central bank governor in the Arab world for 2018 by the Union of Arab Banks at the Arab Banking Summit held in Paris at the end of June. This was the result of his policies which contributed to saving monetary policy and fighting money laundering and terrorism. And inflation. Al-Aalak said in an interview with "Economy News" that "the recent decision of the International Financial Action Organization to leave Iraq from the follow-up area to the regular follow-up area, which is subject to other countries every two years, has great domestic and international repercussions because it contributes to bridging the relationship between the banking sector And the International Financial Corporation, "noting that" the biggest risk to the banking and financial sector is the subject of money laundering and financing of terrorism and if we do not take international action, this makes global financial institutions cautious and reluctant or reluctant to deal with Iraq, which leads to significant risks to the work of the banking sector ". He added that "Iraq today completed all the recommendations of the International Labor Organization, which are 44 recommendations and we were able to face all the challenges in the implementation of these recommendations," noting that "Iraq is currently in the stage of follow-up or international scrutiny of the work of the Central Bank and banks and government institutions to identify the strengths and weaknesses in Our work ". Al-Aalak said that he was "briefed on the World Bank's 2012 report commissioned by the Financial Action Organization and contained 700 points indicating the existence of a flaw in all joints related to the subject of money laundering and the financing of terrorism." Terrorism and was able to move Iraq from the stage of danger to the stage of safety and exit from the black list and save the banking sector from the interruption of the outside world in financial transactions. He pointed out that "the most important step we have taken is to legislate the AML / CFT law in a new format that takes into account all the developments in the money laundering and terrorist financing file, in accordance with international standards, which gave force to all Iraqi parties to abide by these rules, and does not oppose the laws legislated earlier "" Under the AML / CFT Act, the National Council for Combating Money Laundering and the Financing of Terrorism is a committee to freeze the assets of terrorist funds. " He pointed out that "the Central Bank has formed several sections in banks, including compliance and risk management, which gives strength to the work of Iraqi banks in the fight against money laundering and financing of terrorism," explaining that "the main success indicator of our work is the diagnosis of cases of money laundering goes directly to the judiciary, The work of the system in general . " "For the first time in the history of Iraq, there are dozens of cases referred to the judiciary on suspicion of money laundering and financing of terrorism, and there are several decisions issued freezing funds of terrorists and there are some issues for the first time to be included in the United Nations. Last year we had a meeting in the Security Council is the first Of its kind to put Iraq's strategy in the fight against money laundering. " He pointed out that "the law of the Central Bank does not allow investment reserves existing at the Central Bank only in specific areas, because it stems from the philosophy of not exposing the reserves to any kind of risk on the one hand, on the other hand, the reserve must be always available such as current accounts . He stressed that "Iraq's reserves are fully insured in accordance with the standards of the International Monetary Fund, and occupies Iraq ranked fourth in the Arab reserves of foreign currency," adding that "Iraq's foreign currency reserves growing day after day." He pointed out that "there is no discrimination in Iraq between the reserves of the government and the Central Bank, as the government reserves differ from the reserves of the Central Bank, and the lack of distinction caused confusion in the citizen and the official, which reflected negatively on the financial policies," noting that "the biggest challenge facing Iraq is stability And his absence greatly affects investors and sustaining the economy, "he said." When stability is achieved, it will lead to the recovery of the banking sector and the central bank, and will also inspire investors to invest in the country. " http://economy-news.net/content.php?id=13205
  8. Office of Abadi reveals the referral of thousands of integrity issues of corruption[/size] Twilight News 3 hours ago The total investigation of files related to financial and administrative corruption during the four years of the current government lasted more than 5000 people with different positions and degrees of employment, said Saad al-Hadithi, a spokesman for Prime Minister's Office Haider al-Abadi. Al-Hadithi told Ashqaf News that "the statistics confirm that the competent authorities during the life of the current government until the end of last July conducted investigations with about 5300 officials at the level of director general or a deputy minister or adviser or minister or the head of a provincial council or governor or member of an independent body" He pointed out that "1076 accused have been referred to the judiciary and issued judgments against 314 convicted," saying that "the orders of recruitment included 2208 accused, while issued arrest warrants against 800 others." Abadi's media office announced on Tuesday that it had referred senior officials to the Integrity Commission to investigate files of corruption. The central and southern governorates of Iraq are witnessing widespread protests against the deterioration of the service and living conditions, the spread of financial and administrative corruption and the high rate of unemployment within the society, prompting the government to take a series of urgent measures to meet the demands of demonstrators. Keywords: http://www.shafaaq.com/ar/Ar_NewsReader/61e60793-a63d-445b-af41-9d91f8d06403
  9. Mastercard’s MoU With Central Bank of Iraq Signals Bright Future for the Country’s Emerging Digital Payments Ecosystem August 08, 2018 In a move that underlines its commitment tosupporting Iraq’s emerging digital landscape, Mastercard, a leading technology company in the global payments industry, recently signed a Memorandum of Understanding (MoU) with the Central Bank of Iraq (CBI), aimed at accelerating the development of a strong payments ecosystem in the country. As part of the MoU, Mastercard and CBI will explore areas of potential collaboration across a broad spectrum of initiatives, including electronic payment strategy and policies, fraud management, financial inclusion, advisory services, and acceptance solutions. A joint working group will be created featuring representatives from both organizations, which will be tasked with assessing each aspect of the partnership and developing an actionable business plan. According to The Little Data Book on Financial Inclusion 2018 by World Bank Group, only 20.3% of adults in Iraq own a financial institution account, 4.2% have a mobile money account and 19.1% made or received digital payments in the past year, indicating a significant opportunity to drive the development of an inclusive financial sector in the market, which can be accelerated through a wider adoption of electronic payments. The collaboration between Mastercard and CBI is set to provide greater access to convenient and secure electronic payments solutions in Iraq, increasing the rate of economic development and assisting the government’s efforts to implement an inclusive growth strategy. In addition, Mastercard will commit to dedicating a senior resource to steer the company’s expansion plans in the country. The appointment will deliver greater value for its growing customer base by ensuring that key stakeholders have access to all necessary support. H.E. Dr. Ali Mohsen Al-Alaq, Governor of the Central Bank of Iraq, said: “The signing of this MoU represents an important step on the road to developing and enhancing Iraq’s digital payments ecosystem. Mastercard’s global industry standing and reputation for innovation make this collaboration the logical choice for CBI as we look towards strengthening the nation’s economy and improving access to secure and reliable banking services for its citizens.” Khalid Elgibali, Division President, MENA, Mastercard, said: “Today’s agreement reflects the trust governments around the world place in Mastercard’s innovative technologies and payments solutions, which we will leverage to boost financial inclusion and provide increased convenience and security for consumers in this rapidly evolving market. We look forward to deepening our connections in Iraq through close collaboration with the CBI and our commitment to dedicate a senior resource to oversee operations in the country.” The signing of the MoU was announced on the sidelines of the International Arab Banking Summit 2018, which took place from 28 to 29 June at the Peninsula Hotel in Paris, France. Mastercard was the official technology partner for the summit and also sponsored the event’s awards ceremony, during which H.E. Dr. Ali Mohsen Al-Alaq was honored as “Governor of the Year 2018”. Iraq News Source: https://www.albawaba.com/business/pr/mastercard%E2%80%99s-mou-central-bank-iraq-signals-bright-future-country%E2%80%99s-emerging-digital-paym
  10. Hope your doing well Carrello? Was thinking today, I cant believe I've held this currency for 13 years now. Such a long time.
  11. Source: More than 81 billion dinars remaining from the emergency reserve for 2018 Last updated: 8 August 2018 - 3:18 PM The source of the Ministry of Finance, on Wednesday, the amount of the remaining financial allocations from the reserve account for the year 2018, after excluding the amounts disbursed and reserved. "The remaining allocations from the reserve account for the year 2018, (871 918) Of the total amount (192,000,000,000) dinars, excluding the amounts disbursed and reserved. "He added that" the Council of Ministers, had decided at its meeting No. (171) for the year 2018, the allocation of $ (16) billion dinars, To the various areas to secure the needs of areas in the capital Baghdad, of which (9) billion of the ministries "The Cabinet also issued several resolutions, including the allocation of five billion dinars to the Ministry of Water Resources, for the treatment of water scarcity, and five billion to the Ministry of Health and Environment, the program of cultivation of smart parties, but the ministries did not provide the financial details of the amounts allocated "The Ministry of Youth and Sports, did not provide the financial details of the amount spent for the establishment of the General Company for Sports Investments, amounting to (50) million dinars." "The Ministry of Finance, the Secretariat General of the Council of Ministers, , With details of the amounts requested As soon as possible, for the purpose of securing them. " http://aliraqnews.com/%D9%85%D8%B5%D8%AF%D8%B1%D8%A3%D9%83%D8%AB%D8%B1-%D9%85%D9%86-81-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%8A%D9%86%D8%A7%D8%B1-%D8%A7%D9%84%D8%A8%D8%A7%D9%82%D9%8A-%D9%85%D9%86-%D8%A7%D8%AD%D8%AA/
  12. Iraq receives the money of Saddam Hussein from Lebanon .. And 4200 balance in the process of research and restoration The Association of Lebanese Banks announced on Wednesday the transfer of funds held by the government of Saddam Hussein to the Iraqi government through the Federal Reserve Bank of America. According to Al Jazeera. According to the Association of Lebanese Banks, "These funds have been transferred to the benefit of the Iraqi authorities, which claim to be restored for some time." The Iraqi authorities have enacted a law allowed whereby the Supreme National Commission for Accountability and Justice to prosecute former President Saddam Hussein 's money, his family and his relatives and symbols of the system , said Assembly President Joseph Tarabay, said that " there was a transfer of these deposits to the US Federal Bank to put them in the Iraqi Central Bank account under the supervision of military authorities and the Central Bank of Lebanon And thus Lebanon has completed the procedures and returned funds deposited in the name of the Iraqi government during the US occupation of Iraq. But the Association of Banks did not talk about about 4,200 accounts that Iraqi authorities say belong to the symbols of Saddam's regime and their families. Lebanese law prohibits the disclosure of any information related to individuals' accounts and the amounts deposited therein, and requires complex legal procedures to establish the right of any heir or agent. However, this may become possible if the Iraqi authorities formally request Lebanon to investigate the existence of funds for persons who have held official positions or individuals who have been laundering funds for the former regime. Article Credit: https://www.mawazin.net/
  13. This is a huge step to where we ultimately want to be.
  14. dinareffic

    CBI News 07/01/2018

    Iraq has regained world confidence in its banking system The Central Bank of Iraq said on Thursday that the decision of the International Financial Action Organization ( FATF ) to withdraw Iraq from the list of countries under the monitoring and follow-up of international funds has raised the confidence of States in dealing with the financial with Iraq, revealing the transfer of 180 reports to the prosecution during the last period On suspicion of money laundering or terrorism financing. "The decision of the International Financial Action Organization has helped to acquire foreign financial transactions of Iraq, a great credibility for countries, banks, foreign correspondents and financial institutions," said the governor of the Central Bank, Ali al-Alaq, in a statement quoted by the official newspaper "Al-Sabah". That "these parties are afraid to deal with countries that do not have full discipline or control on the fight against money laundering and the financing of terrorism." He explained that "Iraq is currently attractive to international financial and investment institutions and once the announcement of raising the attention of all international financial institutions," noting that "among the indicators of seriousness of the country in this context, enabling him to submit 180 reports of the prosecution on suspicion of money laundering or terrorism financing "He said. He pointed out that "Iraq's financial and monetary transactions going in the right direction in conjunction with the development of regulatory systems and laws as all banks are required to establish anti-money laundering units and compliance units, as well as ensure the independence of the money laundering and terrorism financing." http://economy-news.net/content.php?id=13111
  15. EU lifts sanctions on Iraqi companies Moscow - Sputnik. According to the EU document published on the public data site: "The European Commission ... Considering that the UN Security Council Sanctions Committee decided on July 23 to exclude four items from the list of individuals and organizations to which the freeze should apply Funds and economic resources, decided to amend the annex to the resolution in this regard. " The decision included the Iraqi Tobacco Company, the Mosul Sugar Production Company, the State Dairy Production Company and the State Vegetable Production Corporation. The European Union adopted a number of sanctions in the area of economic and financial relations with Iraq in 2003. https://www.iraqakhbar.com/1283648

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