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Keywords: We are working to modify the central bank laws, money laundering and call for the expansion of its board of directors


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Central Bank building one independent bodies in accordance with the Iraqi constitution .. Photographed by Mahmoud Raouf

 

Author: ASJ, BS 
Editor: AT, BS 01/12/2014 twelve twenty-seven number of readings: 166 

 

 

 

Long-Presse / Baghdad

Detection Governor of the Central Bank of Iraq and the Agency, on Monday, that the amendments to the central bank and banking laws, money laundering and reached the final stages, among the several meetings with Parliament Speaker Salim al-Jubouri for ratification soon, the bank's board described as "an internal committee need to expansion. "

Keywords and said in an interview with the (long-Presse), "The central bank strives to accelerate the amendment of laws that are Bmsas with the banking sector as a law of the Central Bank and the Banking Law and the Law on Money Laundering."

 The relationship, "that a number of meetings were held with the head of the House of Representatives, Salim al in order to give priority to these laws during the next stage, because of the economic system sensitivity and need them, in order to pay to the government for approval," referring to the bank and throughout the years that preceded the fall of the regime Former Keep monetary policy, as well as the large role in the stages of development of the economy. "

He said the central bank governor, to "amend these laws is in its final stages, and that the coming months will be enough to Pthariaha to give new financial dye in the financial and banking sector alike," pointing out that "found that the administration of the Iraqi Central Bank Council, which represents the highest authority in the The Bank does not represent only an internal committee of the central bank does not represent other parties. "

Keywords and called for "the need to involve other parties in the Board of Directors of both the public or the private banking sector in order for there to be a clear vision for the work of the Central Bank."

Held Association of private banks, the first of Saturday (November 29, 2014), a conference attended by Prime Minister Haider al-Abadi and a large number of banking and financial figures in order to stand on the main impediments to the banking sector and ways to address them and develop them.

The banking system consists in Iraq from 43 banks, as well as the Central Bank, and distributed according to government ownership between 7 and 30 waged, including 7-Islamic, as well as 6 foreign banks which are distributed by Branch 600 in the whole of Iraq.

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