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Rules
January 09, 2025
Rules
:diamonds: Regulatory controls for combating money laundering and terrorist financing and preventing the spread of weapons..For more, click here https://cbi.iq/static/uploads/up/file-173640371963996.pdf
https://cbi.iq/news/view/2757
~~~~~~~~~~
[approximate and partial translation of the 3-page index of https://cbi.iq/static/uploads/up/file-173640371963996.pdf which is 74 pages long ]
DATE: 2025/1/7
Titles of the Anti-Money Laundering and Terrorism Financing Control and Preventing the Financing of Terrorism
Contents
Topic
Introduction
Part One / Objectives of Controls
Part Two / Scope of Application of Controls
Part Three / Instructions and Non-Homogeneous Controls
Part Four / Entry and Execution
Chapter One / Definitions and Stages of Money Laundering
Article (1) Definitions
Article (?) Stages of Money Laundering
Article (?) Concept of Financing of Terrorism
Article (1) Concept of Preventing the Proliferation of Arms
Part Two / Basic Principles of Anti-Money Laundering and Terrorism Financing
Article (1) Principle of Know Your Customer (1070)
Accounts
Legal Person (Corporate)
Non-Revenue-Seeking Organizations
Verifying the Validity of Data
Dealing by Agency
Gatomic Numbers
Article (1) gigi Lage Based on Risk
Customer Risks
Risks Product
Service Channel Risks (Ministry Risks)
Geographical Area Risks
Article (:copyright:) Mid ET) jas Ft
Article (4) Principles of Ethics and Efficiency in Accordance with Effective Standards and Continuous Training for Employees
Chapter Three, Responsibility of the Board of Directors, the Director of the Money Laundering Reporting Department, and External Auditors
Article (1) Responsibility of the Board of Directors
Article (1) Director (Responsible) of the Money Laundering and Terrorist Financing Reporting Department
Controls for the Appointment of the Director of the Money Laundering and Terrorist Financing Reporting Department and His Assistant
Guarantees and Powers of the Director Responsible for the Money Laundering and Terrorist Financing Reporting Department
Controls for combating money laundering, financing terrorism and preventing the spread of arms
Tasks of the Director Responsible for the Money Laundering and Financing of Terrorism Reporting Department
Article () Additional Requirements from External Auditors
Article (1) Compliance Controller
Legal Basis
Tasks of the Compliance Controller
Qualifications Required from the Compliance Controller
Job Description of the Compliance Controller
Requirements of the Compliance Department
Activity of the Compliance Controller in Combating Money Laundering
Job Description of the Compliance Controller
Article (0) Risk Management
The Most Important Procedures That the Bank Must Adhere to in the Field of Risk Management
Risk Management Steps
Chapter Four/Internal Control Systems and Record Keeping
Article (1) Internal Control Systems
Article (?) Keeping Records and Documents
The Subtle Chapter/ Exercising Due Diligence
Article (1) Timing of Due Diligence Measures
Article (1) Enhanced Due Diligence Measures for Customers or Financial Transactions and High Financial Services Risks
Article (?) Simplified or reduced due diligence measures
Article (4) Operational control
Article (5) Anti-Money Laundering and Terrorist Financing Regulations and Investigation and Research Regulations
Anti-Money Laundering and Terrorist Financing Regulations (AME)
Regulations for searching and investigating local and international sanctions and ban lists
Chapter Six/ Guiding indicators for identifying operations suspected of involving money laundering and financing
terrorism
Article (1) Cash liabilities
Article (") Dependencies
Article (*) General scenarios related to money laundering and terrorist financing
Article (4) Documentary credit operations
Article (6) Letters of guarantee
Article (5) Credit facilities
Controls for Combating Money Laundering, Financing of Terrorism and Preventing the Proliferation of Arms
Article (/) Digital Banking Services (Internet Banking. Phone Banking. Internet Payment Services)
doll! (4) Digital Payment Cards (Credit, Debit and Prepaid)
Article (9) Foreign Exchange Operations
Article (11) Safe Deposit Rental Services
Article (11) Digital Securities Trading, Settlement and Clearing Systems
Article (1) Customer Behaviors
Article (71) Other Indicators
Article (51) Employee Behaviors and Know Your Employee Policy
Chapter Seven / Concept of Terrorist Financing
Stages of Terrorist Financing
Suspicion Indicators to Identify Operations That May Involve Terrorist Financing
Chapter Eight / High-Risk State
Chapter Nine / Preventing the Proliferation of Arms
Chapter Ten / Correspondent Accounts (Correspondent Banking Relationships)
Chapter Eleven / Liaison Officers
Chapter Twelve / Importing Cash
Chapter Thirteen / Banking Secrecy
Chapter Fourteen / Deterrent Sanctions
Chapter Fifteen / General instructions
January 09, 2025
Rules
:diamonds: Regulatory controls for combating money laundering and terrorist financing and preventing the spread of weapons..For more, click here https://cbi.iq/static/uploads/up/file-173640371963996.pdf
https://cbi.iq/news/view/2757
~~~~~~~~~~
[approximate and partial translation of the 3-page index of https://cbi.iq/static/uploads/up/file-173640371963996.pdf which is 74 pages long ]
DATE: 2025/1/7
Titles of the Anti-Money Laundering and Terrorism Financing Control and Preventing the Financing of Terrorism
Contents
Topic
Introduction
Part One / Objectives of Controls
Part Two / Scope of Application of Controls
Part Three / Instructions and Non-Homogeneous Controls
Part Four / Entry and Execution
Chapter One / Definitions and Stages of Money Laundering
Article (1) Definitions
Article (?) Stages of Money Laundering
Article (?) Concept of Financing of Terrorism
Article (1) Concept of Preventing the Proliferation of Arms
Part Two / Basic Principles of Anti-Money Laundering and Terrorism Financing
Article (1) Principle of Know Your Customer (1070)
Accounts
Legal Person (Corporate)
Non-Revenue-Seeking Organizations
Verifying the Validity of Data
Dealing by Agency
Gatomic Numbers
Article (1) gigi Lage Based on Risk
Customer Risks
Risks Product
Service Channel Risks (Ministry Risks)
Geographical Area Risks
Article (:copyright:) Mid ET) jas Ft
Article (4) Principles of Ethics and Efficiency in Accordance with Effective Standards and Continuous Training for Employees
Chapter Three, Responsibility of the Board of Directors, the Director of the Money Laundering Reporting Department, and External Auditors
Article (1) Responsibility of the Board of Directors
Article (1) Director (Responsible) of the Money Laundering and Terrorist Financing Reporting Department
Controls for the Appointment of the Director of the Money Laundering and Terrorist Financing Reporting Department and His Assistant
Guarantees and Powers of the Director Responsible for the Money Laundering and Terrorist Financing Reporting Department
Controls for combating money laundering, financing terrorism and preventing the spread of arms
Tasks of the Director Responsible for the Money Laundering and Financing of Terrorism Reporting Department
Article () Additional Requirements from External Auditors
Article (1) Compliance Controller
Legal Basis
Tasks of the Compliance Controller
Qualifications Required from the Compliance Controller
Job Description of the Compliance Controller
Requirements of the Compliance Department
Activity of the Compliance Controller in Combating Money Laundering
Job Description of the Compliance Controller
Article (0) Risk Management
The Most Important Procedures That the Bank Must Adhere to in the Field of Risk Management
Risk Management Steps
Chapter Four/Internal Control Systems and Record Keeping
Article (1) Internal Control Systems
Article (?) Keeping Records and Documents
The Subtle Chapter/ Exercising Due Diligence
Article (1) Timing of Due Diligence Measures
Article (1) Enhanced Due Diligence Measures for Customers or Financial Transactions and High Financial Services Risks
Article (?) Simplified or reduced due diligence measures
Article (4) Operational control
Article (5) Anti-Money Laundering and Terrorist Financing Regulations and Investigation and Research Regulations
Anti-Money Laundering and Terrorist Financing Regulations (AME)
Regulations for searching and investigating local and international sanctions and ban lists
Chapter Six/ Guiding indicators for identifying operations suspected of involving money laundering and financing
terrorism
Article (1) Cash liabilities
Article (") Dependencies
Article (*) General scenarios related to money laundering and terrorist financing
Article (4) Documentary credit operations
Article (6) Letters of guarantee
Article (5) Credit facilities
Controls for Combating Money Laundering, Financing of Terrorism and Preventing the Proliferation of Arms
Article (/) Digital Banking Services (Internet Banking. Phone Banking. Internet Payment Services)
doll! (4) Digital Payment Cards (Credit, Debit and Prepaid)
Article (9) Foreign Exchange Operations
Article (11) Safe Deposit Rental Services
Article (11) Digital Securities Trading, Settlement and Clearing Systems
Article (1) Customer Behaviors
Article (71) Other Indicators
Article (51) Employee Behaviors and Know Your Employee Policy
Chapter Seven / Concept of Terrorist Financing
Stages of Terrorist Financing
Suspicion Indicators to Identify Operations That May Involve Terrorist Financing
Chapter Eight / High-Risk State
Chapter Nine / Preventing the Proliferation of Arms
Chapter Ten / Correspondent Accounts (Correspondent Banking Relationships)
Chapter Eleven / Liaison Officers
Chapter Twelve / Importing Cash
Chapter Thirteen / Banking Secrecy
Chapter Fourteen / Deterrent Sanctions
Chapter Fifteen / General instructions
