yota691 Posted July 1, 2015 Report Share Posted July 1, 2015 A spokeswoman for the Association of Banks Money Laundering Act: will prevent the entry of Iraq in the black list Publishing Date: Wed, 01 Jul two thousand and fifteen 10:11:44 | Views: 28 BAGHDAD - News Aleomcdt Iraqi private banks association, on Wednesday, that the adoption of the Council of Ministers to the law of money laundering will give a global trust for private banks, and as pointed out that banks will adhere to the law, pointed out that the approval in the House of Representatives would avoid entering Iraq within the black list. The head of the Association of private banks and depositary bitter melon in a statement received "News Today" a copy of it, that "the adoption of the Council of Ministers the draft Anti-Money Laundering Act and the financing of terrorism of important laws and in support of the banking sector." Handal said that "this law will provide frameworks, concepts and provisions that enable the central bank, the judiciary and agencies related to the use of appropriate tools to combat money laundering and terrorist financing and the development of deterrent to such practices, "adding that" the law will give the world confidence in foreign dealings with Iraqi banks. " He said Handal that "all the member banks of the Association is keen to abide by the law if the legislation because of this Thread of direct importance and impact on the economy and society, especially in the current stage, "stressing that" this legislation avoids entering Iraq blacklisted if it was passed by Parliament in the near term. " Link to comment Share on other sites More sharing options...
sandfly Posted July 1, 2015 Report Share Posted July 1, 2015 THANKS,,, OK NOW PUT SOME POWER TO IT BEFORE SEPT Link to comment Share on other sites More sharing options...
yota691 Posted July 1, 2015 Author Report Share Posted July 1, 2015 Iraqi private banks association Association of Banks: Adoption of the Money Laundering Act will give the world confidence and prevents the entry of Iraq in the black list Author: ASJ, HH Editor: AR, HH 07/01/2015 10:29 a.m.number of readings: 498 Long-Presse / Baghdad Confirmed the Iraqi private banks association, on Wednesday, that the adoption of the Council of Ministers of the money laundering law will give confidence to the global private banks, and as pointed out that banks will adhere to the law, pointed out that the approval in the House of Representatives would avoid entering Iraq within the black list. The head of the Association of private banks and the depositary of bitter melon in a statement received (long-Presse) a copy of it, that "the adoption of the Council of Ministers draft anti-money laundering and terrorism financing law of important laws and in support of the banking sector." Handal said that "this law will provide frameworks, concepts and provisions that enable the central bank, the judiciary and the relevant authorities of the use of appropriate tools to combat money laundering and terrorist financing and the development of deterrent to such practices," adding that "the law will give the world confidence in foreign dealings with Iraqi banks." Handal said that "all the member banks of the Association is keen to abide by the law if the legislation because of the subject of the importance of a direct impact on the economy and society, especially in the current stage," stressing that "this legislation avoids Iraq entry on the blacklist if it was passed by Parliament in the near term. " The Governor of the Central Bank on the Keywords praised, Tuesday, (June 30, 2015), the Council of Ministers decision to vote on the draft law presented by the Central Bank, which has been developed according to the latest international standards and agreements and coordinate directly with the World Bank and the Financial Action Task Force and international organizations also thanked the governor Council State Consultative for his contribution to the active preparation for the duration of the project, called Keywords conservative House of Representatives to give priority to pass the law. The Council of Ministers announced, on Tuesday, agreeing to draft anti-money laundering law and the financing of terrorism, as also agreed to grant allowances to employees of the federal police when their participation combat missions in the event of availability of appropriations, confirmed to proceed with the completion of the field survey of the coverage of social protection, to secure the base accurate data. Link to comment Share on other sites More sharing options...
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