The Central Bank adopts more advanced steps in the anti-money laundering systems of exchange companies
November 08, 2020
Based on the supervisory role of the Central Bank of Iraq, this bank decided to adopt more sophisticated steps commensurate with the nature of services provided by exchange companies incorporated under category (A) operating in Iraq, in the current and future anti-money laundering and terrorist financing systems.
This bank calls upon the merged exchange companies under category (A) to work on adapting their logistical and technical conditions within a maximum period of 12/31/2020 in accordance with the new instructions.
The Central Bank of Iraq