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The Financial Operations Of: Lifting All The Barriers Imposed On The Central Bank Of Iraq After Its Actions Against Money Laundering 


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3 hours ago, DropItLikeItsHot said:

So does that mean no RV till 2019.... I sure hope not, Keeping Positive Thoughts on this one, RV 2017 PLEASE!!

 

The SBA came out some months back with the 2019 song and dance. . . Very conflicting messages being floated about - Why then would Abadi announce on 4 April 2017 " within 2 months Iraq will be out of CH7 " [ like all deadlines they missed this one as well ]

 

Now Big Noise is that until Tal Afar region is " Liberated " and ISIS totally removed from Iraq/Borders Secure we still won't see what we've been waiting for, for over a decade +.

 

Everything is swirling around and the dust hasn't settled on a damn thing - perhaps by design to keep the confusion on HIGH - just a guess.

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5 minutes ago, WheresmyRV? said:

 

I agree with you 100%.  If nothing happens with them at the end of this month on getting out of chapter 7 then nothing will happen this year.  

 

So many opportunities missed - bumbling, stumbling & obstruction at every turn. They say whatever comes to mind, doesn't matter when it doesn't come to pass-they don't care.

 

Too many shades of grey with these folks. You're never given the truth of anything. They put you off in so many different directions, you have no idea where you are. The big one, there's always something that has to be done before ________________(fill in the blank).

 

The GOI is rife with corruption and the population suffers while the corruption continues unabated. What a Calamity.

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WOW every year is the same song an dance with Iraq...Do we think they will RV currency anytime soon?  I mean with so many conflicting articles and the Iraq GOI is a wreck and who knows what the CBI is planning on doing.  It's hard to stay positive about this investment when each year continue to get the same old stories which is NO ONES knows if and when Iraq will RV their currency....:butt-kicking::confused2:

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12 hours ago, Botzwana said:

When does EID end? 

Or Eid al-Fitr Starts 25th and ends at sunset the 27th. GOI tentatively set July 4th as next attempt to find a quorum and do something legit. 100 dinar says they start late. Everyone recovering from hangovers.

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16 hours ago, skeetdog said:

...The gift of EID is within the time frame "Buzzy" was referring too...I'm inclined to take from this article that the RV could go either way...On one hand "Theseus" has the basic scope of this article in basically, 2 more years...On the other hand we're dealing with an explosive situation in letting the economy and more importantly the people sit idle for another two years without doing something major to jump start the economy and give the Iraqi citizens a purposeful and constructive direction to grow...There hasn't been a meaningful gift of EID that I can recall....This article did state the dinar has been pegged to the USD as a pillar of the economy....The USD and the IQD are just flat currencies and can be established at whatever these two countries are willing to gamble with...I wouldn't go out and sell the farm to buy more dinar but then again I wouldn't rule out the gift of EID this year....Time will definitely tell....jmho 

I agree with you this thing could go either way! Im hoping for RV this year but not looking for it. Hoping I can hold til the Rv!

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2 hours ago, King Bean said:

Or Eid al-Fitr Starts 25th and ends at sunset the 27th. GOI tentatively set July 4th as next attempt to find a quorum and do something legit. 100 dinar says they start late. Everyone recovering from hangovers.

 

I'll bet their first day back they postpone and vote to come back several days later-

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18 hours ago, pokerplayer said:

 

Well said Mr. Finley, well said !! I was reaching for a comment but yours says it all.

 

pp

Your welcome. It is very difficult to understand why they really can not get their act together. Corruption and greed, much like our Congress, has cause great pain for it citizens. Let's hope Trump can put the pressure on the get this stright and RV at a descent rate.  

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6 hours ago, eburt said:

WOW every year is the same song an dance with Iraq...Do we think they will RV currency anytime soon?  I mean with so many conflicting articles and the Iraq GOI is a wreck and who knows what the CBI is planning on doing.  It's hard to stay positive about this investment when each year continue to get the same old stories which is NO ONES knows if and when Iraq will RV their currency....:butt-kicking::confused2:

 

Whats troubling is the yearly pattern of enthusiasm for a RV brought on by the steady stream of " positive " articles: then here we are again conflicting article, confusion, avalanche of excuses and getting blind sided but yet " still so much to do "

 

Its always something else needs doing: then delay & postponed. Then it's back to maybe next year. Anyone else feel like a Bull being led around by the brass ring in its nose ?

 

This has gone way beyond a joke now, yet here we are again and maybe all the way to 2019 ???  

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15 minutes ago, 10 YEARS LATER said:

 

Whats troubling is the yearly pattern of enthusiasm for a RV brought on by the steady stream of " positive " articles: then here we are again conflicting article, confusion, avalanche of excuses and getting blind sided but yet " still so much to do "

 

Its always something else needs doing: then delay & postponed. Then it's back to maybe next year. Anyone else feel like a Bull being led around by the brass ring in its nose ?

 

This has gone way beyond a joke now, yet here we are again and maybe all the way to 2019 ???  

I pray not.. they  need to start rebuiling the integrity and credibility and their country  and their citizens need something of value and its a country's basic human right to be able to control their own decision making process..

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10 minutes ago, 10 YEARS LATER said:

 

Whats troubling is the yearly pattern of enthusiasm for a RV brought on by the steady stream of " positive " articles: then here we are again conflicting article, confusion, avalanche of excuses and getting blind sided but yet " still so much to do "

 

Its always something else needs doing: then delay & postponed. Then it's back to maybe next year. Anyone else feel like a Bull being led around by the brass ring in its nose ?

 

This has gone way beyond a joke now, yet here we are again and maybe all the way to 2019 ???  

Hopefully there blowing smoke to get us off the RV scent,these 14 hour,6 days a week work days plus coming home and taking care of the home life is really getting old but like everyone I have bills to pay so until this does happen we'll just keep chugging on with very little sleep. 

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4 hours ago, "Fred" said:

Hopefully there blowing smoke to get us off the RV scent,these 14 hour,6 days a week work days plus coming home and taking care of the home life is really getting old but like everyone I have bills to pay so until this does happen we'll just keep chugging on with very little sleep. 

 

Yep, us s well. We'll keep sloggoing away until this roller coaster ride comes to a complete stop and the guard rail pops up . . . then walk down the ramp and out into the new light of day, listening to that kid who sat behind me [ screaming in my ear, yelling this is FUN ] throwing up  . . . Buh wah ha ha ha ha ha ha ha  

 

:moneybag:someday - - 

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On 6/12/2017 at 8:23 PM, DWS112 said:

 

Could this statement refer to monetary reform? Just a thought.

No. The SBA has outlined the milestones in which reviews are to be conducted and criteria are to be met by that review. Iraq was given a waiver on the first review in which it did not meet all of the criteria. The second one is coming up. The reviews are merely to monitor the ongoing actions taking place and to affirm the criteria that have been met or not met. To guess, fathom or even speculate the review bears the weight of a decision on Iraq to RV is a misnomer. This would be like meeting with your boss on a project you were implementing on a bi-annual basis to report progress. Recommendations, of course, are given but it is Iraq's responsibility to either implement the recommendation or not.

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June 5, 2017

The Stand-By Arrangement aims to restore fiscal and external balance and to improve public financial management while protecting social spending.

  • The Iraqi authorities and the IMF mission have reached agreement on a supplementary budget for 2017, objectives for the 2018 budget, and strengthened procedures to keep expenditure under control
  • The SBA aims to restore fiscal and external balance and to improve public financial management while protecting social spending.

The Iraqi authorities and an International Monetary Fund (IMF) team reached a staff-level agreement on the second review of the Stand-By Arrangement (SBA) that was approved by the IMF Executive Board on July 7, 2016 (See Press Release No. 16/321). The SBA aims to restore fiscal and external balance and to improve public financial management while protecting social spending. Iraq completed the first review under the SBA on December 5, 2016 and received a disbursement of SDR 0.46 billion (US$0.6 billion) (See Press Release No. 16/540). Completion of the second review will release a further disbursement of SDR 0.6 billion (US$0.8 billion).

Mr. Christian Josz, Mission Chief for Iraq, issued the following statement today in Amman:

“The Iraqi authorities and the IMF team have reached agreement on a supplementary budget for 2017, objectives for the 2018 budget, and strengthened procedures to keep expenditure under control. Both the supplementary 2017 budget and the 2018 budget will keep the fiscal consolidation, necessitated by the fall in oil prices, on track, while protecting social spending.

“Once agreed prior actions have been implemented, the IMF Board could consider the second review of the SBA in August.

“During the discussions, the team met with Acting Governor of the Central Bank of Iraq (CBI), Dr. Ali Mohsen Ismail Al-Allaq, Deputy Chief of Staff of the Prime Minister, Dr. Naufel Al-Hassan, Chairman of the Board of Supreme Audit, Dr. Salah Noori Khalaf, Acting Deputy Finance Minister, Ms. Taif Same, Deputy Minister of Planning, Dr. Qasim Enaya, Deputy Minister of Electricity, Mr. Abdel Hamza, Financial Adviser to the Prime Minister, Dr. Mudher Saleh, and officials from the ministry of finance, Central Bank of Iraq (CBI), the Board of Supreme Audit, the ministry of oil, the ministry of planning, the ministry of electricity, and a representative from the Kurdistan Regional Government. The team would like to thank the Iraqi authorities for their cooperation and the open and productive discussions.”

 

 

If Not Now, When? Energy Price Reform in Arab Countries; April 2017 Rabat, Morocco

Publication Date:

June 13, 2017

Electronic Access:

Free Full text (PDF file size is 686 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Regulating energy prices has been a common practice around the world. The objective is, generally, to facilitate access to energy products, which are central to people’s well-being and countries’ economic development. However, energy price regulation also leads to wasteful and excessive consumption, discourages investment in the energy sector, and locks in inefficient technologies. Low energy prices also result in subsidies that erode fiscal space, while benefits for the poor are limited. All these effects have been evident in Arab countries, where domestic energy prices are among the lowest in the world. The current environment of low oil prices offers a unique opportunity for change. Lessons from international experience suggest how well thought-out and sequenced reforms can be successful.

Series:

Policy Papers

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  • yota691 changed the title to Parliament is unaware of the details of the government's announcement of a supplementary budget
06/13/2017 (21:01 pm)   -   Number of readings: 726   -   Issue (3949)
 
 
Parliament is unaware of the details of the government's announcement of a supplementary budget



 Baghdad / Mohammad Sabah 
 

Parliament denied knowledge of the details of the supplementary budget , which cover unveiled by the prime minister after the government discussed during recent sessions. 
Parliamentary Finance Committee recorded its objection to the lack of involvement in the drafting of the supplementary budget, saying it had seen the issue through the media. The Committee demanded that the budget includes the abolition of deductions from employees ' salaries.


The Council of Ministers had discussed, at its meeting held on June 6 th, the supplementary budget for theyear 2017. 
The announcement came in conjunction with the second review conducted by Iraq with the IMF delegation ,which earlier this month was held in the Jordanian capital Amman ends. 
A senior source revealed (range), on the same day that " the two sides agreed to submit a supplementary budget for the current year include contractors and farmers recently paid allocations." 
The second review consultations lasted four days in Jordan, and Iraq , which sought to obtain a loan of $ 840 million, as part of a standby credit program signed between the two sides. 
The source said "Iraq is expected to receive a share of $ 840 million in the month of August next, out of the total fund of $ 5.3 billion loan." 
The source continued , " The Fund defends the program Alastaqrara macroeconomic loans by giving priority to public spending and the so - called social spending which areas of education, health , social welfare and displaced persons." 
Although two weeks after the discussion of the supplementary budget, but Mohammed Halbusi, Chairman of the Finance Committee, expresses surprise at the government to prepare a supplementary budget for the remainder of the year 2017 without the involvement of the committee, stressing that " the parliament is waiting for the arrival of this budget for materials and paragraphs." 
Finance Committee denies knowing the most basic details and numbers and the content of the supplementary budget, as it confirms Halbusi (range) yesterday, "These things seem confined , however , the government is not aware of us and the terms of the paragraphs of this budget that we heard about in the media." He stressed the need to send the supplementary budget by the government to parliament for a vote. 
Article (2/3 /) that "in the event of insufficient estimates earmarked within the federal budget for the year 2017 to cover the entitlements above Vlcil ministers propose a supplementary budget during the fiscal year mentioned." 
And succeeded parliament unanimously approve 2017 budget, the end of last year, on time before the end of the fiscal year. The budget amounted to about 100 trillion dinars and a deficit of 21 trillion dinars, including 250 thousand barrels of oil from the Kurdistan region, and 300 thousand barrels of Kirkuk. By export 3,750 million barrels of oil per day, and at $ 42. 
And I tried (range) to obtain supplementary budget and highlighted its doors contact details through a number of advisers and deputies close to the Prime Minister but did not succeed. 
The only Abdul Hussain Anbaki, an economic adviser to the prime minister, saying , " I do not have information about the subject." 
But the decision of the Finance Committee MP Ahmed Hama Rashid says that " the general budget allocations cover the employees ' salaries until the end of October next month," he said . "This prompted the government to prepare a supplementary budget to pay staff salaries until the end of the fiscal year." 
He added Hama Rashid said , "Parliamentary Finance submitted a proposal to cancel deductions employees ' salaries after the rise in oil prices , " stressing " the need to add this to the supplementary budget proposal to amend paragraph deduction of salaries included in the general budget items." 
The draft budget law for fiscal year 2017 on the deduction of 3.8% of the salaries of employees and retirees. But the government has challenged this paragraph after it was reduced from 4.8%. 
In turn , says MP Abdul Jabbar al - Abadi, a member of the Finance Committee, said that "operational expenditure allocations, Kedzdid staff salaries, defined in the general budget, almost ten months period, prompting the government to prepare a supplementary budget to complete the payment of salaries to the end of this year." 
He explained Abadi, in a statement (term) yesterday that " the agreement between the government and the International Monetary Fund to support the general budget, requires a reduction of staff salaries, which were estimated at 38 billion dollars, prompting the government to reduce this figure to $ 36 billion, which was welcomed by the Fund. " 
He said a member of the Finance Committee by saying that " the difference needs to be legally approved a supplementary budget in order to continue to give the employees ' salaries easily and smoothly."    
The disclosure of the supplementary budget, at the time still the judiciary consider the appeal made by the government of 21 items from the budget of 2017, after months of approval earlier this year. 
It announced that the Federal Court, on Tuesday, commissioned three experts to submit a report containing the technical aspects of a lawsuit to challenge some of the budget law materials. 
The court said, in a statement received (range) a copy of it, it 's "held its considered a number of cases listed on its agenda," noting that the meeting "saw the commissioning of experts elected in a lawsuit to challenge some of the general budget law materials out their mission." 
The court said it was " the experts recognized the vocabulary of the proceedings of petitions and regulations of the parties and decided to postpone the hearing until the day (12) next month for the purpose of enabling them to submit a report containing the technical aspects of the subject of the appeal." 
Surprised Prime Minister, Parliament earlier this year, presenting an appeal to the Federal Court of all transfers made by the House of Representatives on the budget of 2017, amounting to about 280 billion dinars , including 54 billion dollars has to balance transfers were the House of Representatives. The total additions, conducted by the Parliament on the budget law 40 add and modify, the government appealed to 29 of them. 
It gives the Constitution in Article (62 / II) of the Council of Representatives the right to make transfers in the sections and chapters of the general budget and reduce the total amounts, and the proposal to the Council of Ministers, if necessary, a proposal to increase the total amount of expenditures.

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  • 3 weeks later...

Keywords: our economy overcome the difficult phase

July 3, 2017

5-3997.jpg

 

It revealed that the central bank reserves exceeded the expectations of the IMF $ 10 billion 


Baghdad / Tariq al - Araji


The central bank confirmed that Iraq has overcome the difficult phase «pessimistic» that have passed over the past two years, which were accompanied by statements are not based on facts raised in horror Iraqi street.


Showed the bank , which is the «safety valve» for the economy and monetary policy of the country indicators, the inflation rate did not exceed 2 percent, while kept the dinar on a fixed exchange rate, in addition to the index raised interest in supporting global institutions as exceeded the central bank reserves ceiling IMF forecasts ten billion dollars , despite the extraordinary circumstance that is going through the country, but despite the relative recovery of the Iraqi economy, the central bank governor on the Keywords called on the government to rely more on revenue (non - oil), venerating and lack of dependence on oil in this large proportion in the budgets, also stressed the need to take Government planning its sound financial and economic revitalization and development of the private sector and encourage investment and to stop the dumping policy of the country and the improvement of the domestic industry and stop the chaos at the border crossing points.


Keywords and as usual , to talk clearly fully and explicitly, revealed in his interview with «morning», that an important meeting will be held with the International Monetary Fund in the month of August and will be based on the reimbursement of Iraq Fund grants and loans agreed the launch of the requirements of them after submission (supplementary budget) to pay the dues of peasants contractors and suppliers , and several sections of other expenses.


Keywords also pointed out that the central bank has made significant progress over the past two years regarding the fight against money laundering and the financing of terrorism and the smuggling of foreign currency procedures, stressing oblige the bank to banks relevant to take inter action in this regard, as well as cooperation with international institutions and financial institutions led to the conversion of many of the money - laundering and the financing of files terrorism to justice the first time.


The following is the text of the meeting: overcome the difficult stage * What is your calendar 's financial and economic situation of Iraq and presented by the Bank in this  regard? * If we want to measure the strength of the economic and financial country; it must be considered to economic, financial and monetary policy factors, the monetary situation is a reflection of the economic situation, and if we consider the economic situation of the country, you have to look at the real factors to the development of real Kalsnaaah, agricultural and other sectors especially the case General monetary reflection of the state and not of origin. As for the economic situation in Iraq; many of the analyzes and statements released pessimistic statements are not based on facts, as this speech at the beginning of last year , 2016 through the threat of the collapse of the dinar, to finish to overcome the difficult conditions that accompanied the decline in oil prices and the situation experienced by the country in the war against terrorism, as the cash reserve exceeded the central bank 's forecast of the international Monetary Fund with ten billion dollars, and kept the exchange rate on the stability, and did not extend past the level of inflation barrier of 2 percent, and this is a very important indicators of the world understood by international institutions accredited and enjoys the status of a task in the calendar Oaudha Countries and the strength and stiffness of their economies to face conditions and shocks and risks; but - with very Alosv- many in Iraq do not see it the same degree of importance or neutral and carefully when evaluating the economic situation.

 

The previous risk has become at present (non - existent), but I do not say that the difficulties and challenges ended, and the role of the central bank is trying to push these challenges and reduce their impact on the economic situation; however , the first line of defense remains the responsibility of the executive branch ( the government) with regard to the proper planning financial and economic revitalization and development of the private sector and encourage investment and to stop the dumping policy of the country and the improvement of the domestic industry and stop the chaos at the border crossing points, it is strange to turn attention towards the central bank , who is dealing as valve Aman- to take this role because of the weakness of all the episodes that we have quoted wa T should be corrected, it has the central bank introduced by the end of 2015 and 2016 (about twenty trillion dinars) to support the Treasury and the payment of salaries, and should not rely on it in the future, and have the central bank since the duration of the process of pushing the government towards that there will be control over their expenditures and adapt to these challenges and that a new plan of the financial situation based on reliance on revenues placed (non - oil) and not to rely on this oil ratio large. International grants and loans * What is the extent of coordination with the IMF and the World Bank to launch grants and loans to Iraq? And the extent of Iraq 's commitment to Ptosyatema economic and monetary reform? * The meetings with the International Monetary Fund periodically based on the agreement (credit recovery) signed by Iraq with the Fund, and are reviewed on things that have been agreed upon, as well as economic, financial and monetary framework of the country, because the support and facilities the process provided by the Fund and thus inflicted the World Bank and other countries involved in this Thread depends primarily on the reports provided by the international Monetary Fund, and the importance of those reports and audits carried out by the Fund is not only related to it; but is the way to give the green light to financial institutions and other countries to provide support and grants based on the Positive reports it provides, such reports In order to be positive must show his commitment to Iraq ( to maximize revenue and reduce unnecessary expenditures), and therefore considered the review with useful Fund for Iraq as it is a lot of style trends in spending.

 

At the last meeting was at the International Monetary Fund, observations on compliance with assignments due in the general budget of the state and the presence of Diffraction them sometimes, and we have explained to them that Iraq -obgm is relatively stable conditions experienced Bha- can not adjust melodious it because of a lot of variables and conditions , and having understood it demanded that there be a legal cover for these emerging changes, so the basic requirements for the international Fund before the meeting to be held early next August , whichever is an important meeting for Iraq to be able to receive payments Kadmh- is a request for ( a supplementary budget ) It is fall within what the Iraq at the time of the payment of contractors, farmers, processors and other receivables do not exist within the (federal budget) and indicated IMF requirements in this area to the article says (in case it is needed to prepare the budget complementary to the implementation of the payment of dues; for the government provides a supplementary budget for the development of a legal cover for the payment of these receivables as well as make some adjustments based on the change that took place on oil prices or because of the increase in some expenses existing) and the objective of the IMF from these observations is to be retained on the ceilings specified for the expenses  and revenue .

 

Iraq 's financial rating * How do you evaluate coordination with the Organization (Financial Action Task Force)? What is the classification of financially Iraq according to this organization? * The Organization (Financial Action Task Force) on measuring the extent of the obligation of States to fight money laundering and the financing of terrorism, and Iraq has cut off whatever it way, after that there were observations and a report prepared by the end of 2012 was alarming, and it was Iraq and the jurisprudence threatened to put in (blacklist) , after efforts and through the issuance of a new law to combat money laundering and activate the anti - money Laundering Office by the Central Bank and the inter measures taken by the Bank as part of a follow - up to the banks and financial Institutions and the development of many of the procedures relating to regulation and control over the financial and banking sector in particular, could not that Iraq is out of danger after it was heading from the (gray area) to (black), but we have moved from (gray) to (follow - up area) and we now expect to build on fulfill Iraq 's requirements of the organization and the obligations that come out of the subject (follow - up). Anti - Money Laundering * What are the mechanisms used by the central bank to control money laundering and currency smuggling operations difficult? * The foreign currency movement abroad issue requires to be placed in the correct and regulatory standards enable the central bank to achieve its foundation the judge to verify the legality of the money and it is not linked to financial crimes or money laundering offenses or the financing of terrorism, and the role played by the central bank, especially in recent years , as the granting of this subject and developed great attention from the regulatory mechanisms in this direction by forcing banks to follow the rules and procedures associated with the law of anti - money laundering and the financing of terrorism committed by banks and financial institutions to take a number of due diligence measures towards the knowledge of the customer and with FH money sources and movement and, accordingly; the Central Bank - the first time - requires banks to establish special anti - money laundering units to manage compliance and risk management and the development of programs and database and information relating to all operations carried out by banks and units, and this is part of the process of anti - money laundering and the financing of terrorism.

 

There are other parts are outside the frameworks of the Central Bank requires the concerted and other efforts of institutions in dealing with them, because financial institutions or banks is a ring of the rings may be the last, especially since the money and financial crimes laundering operations are operations precede the entry of money to the bank and operations bleaching complex processes go through several stages , and is taking the proceeds of these crimes is not deposited the bank directly understand they have various means and methods of multiple waste out of this money, and a lot of money suspicious go towards the purchase of real estate or gold , or set up fake companies or interfaces and then record the proceeds of these companies Connect this  money. Therefore; the fight against money laundering and the financing of terrorism requires the cooperation of all parties and linking all professions Steering supervised and that what the Bank is yet to arrange the banking sector house by obliging them a set of rules and procedures and formations we have to link selling the dollar process of the level of commitment to this procedures and criteria established in front of banks to enter the window to buy the dollar and leading us as a central bank to exercise a supervisory role, and now the banks a set of procedures for verifying the integrity of money and open files to customers dealers by the level of income and provide the bank with Final statements correspondent banks abroad to know the fate of the money  and where you went. Judicial files  * Is there coordination with international organizations and banks to control the movement of money and reduce the phenomenon of money laundering? * Yes , there is cooperation now between the central bank and organizations , central banks in several countries and there are an exchange of information, because the movement of funds reflected in the result system or device on the operations of the conversion, if the conversion dollar operations read all of it passes through the US Federal Bank and through a particular system can the US Treasury to know each movement of the movements of the money, so we share the information has been a lot of transactions involving suspicions, especially with regard to the financing of terrorism and has referred to the elimination of the diagnosis, and these efforts have been activated in the last two years and there were no issues have stirred the The judiciary entitled (money) laundering in the past.

 

The central bank needed to the role and cooperation of other institutions to activate this activity, especially the Office of the (anti - money laundering) of the Bank does not conduct inspections directly, but called to inform the Office receives communications from other parties, if there were processes of corruption must be our notice by the authorities involved in combating corruption, and if there are operations relating to the financing of terrorism must be reported movement of terrorists and the movement of money and their areas by the security services; and so on , but the central bank and through the transactions carried out by banks and the operations of the conversion can put some doubts and suspicions and begin operations t Qiq related information, but the main source of these remain outside the bank , and this is still weak.

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  • yota691 changed the title to The Financial Operations Of: Lifting All The Barriers Imposed On The Central Bank Of Iraq After Its Actions Against Money Laundering 
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