[size=30]MilitiaMan: "Digital Transformation is on Stage for All to See" 10-23-2021[/size]
KTFA:MilitiaMan: The information on the digital transformation that is upon is everywhere. The amount of top level work completed now is main stream and straight from the highest in Finance in the world. They are openly talking about Retail Digital Currencies, digital cross border payments, etc..
With them even showing that the 1,000 - 10,000 notes are disappeared from the ATMs is very telling.
With the UST telling us the G-20 have 136 countries in agreement on digital International Taxation and a flat tax, the coss boarder data and digital trade noted by the G-7 today, it is not surprising that they would be adjusting for the NSCNs to replace those the 1,000 - 10,000s.
The need for them will diminish with a new international exchange rate applied. It doesn't take long to replenish ATMS. The goal is not to worry the citizens, the goal is to make them happy with the new purchase power that the new smaller notes will bring.
Notice they use the words INCLUSIVE GLOBAL GOVERNANCE!!! That is because the digital transformation is approved and on stage for all to see.. IMO there is nothing to stop it now.. Lets see what they show us next.. ~ MM
" It also covers digital trade systems and fair and inclusive global governance."
G7 countries agree common principles on digital commerce
21st October, 2021
Britain announced today, Friday, after a meeting of trade ministers in the Group of Seven countries, that the countries of the wealthy bloc agreed on a set of principles governing the use of cross-border data and digital trade.
Britain explained that the G7 countries oppose digital protectionism and authoritarianism, "and today we have adopted the principles of G7 digital trade, which will guide the G7's approach to digital trade," according to the Middle East News Agency.
The agreement lays a middle ground between the heavily regulated data protection systems of European countries and the more open approach of the United States.
She added that the principles cover open digital markets, cross-border information flows, and protections for workers, consumers and businesses. It also covers digital trade systems and fair and inclusive global governance.
"We must address undue obstacles to transcontinental data flows as we continue to address privacy, data protection, and protection of intellectual property rights," said a document accompanying the meeting.
"This agreement is a real breakthrough that came as a result of hard diplomatic effort," said a British official familiar with the deal. LINK
****************
U.S. Department of the Treasury
Office of Public Affairs
Press Release: FOR IMMEDIATE RELEASE
October 13, 2021
Contact: Alexandra LaManna; Press@Treasury.gov
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with G7 Finance Ministers and Central Bank Governors
WASHINGTON – Secretary of the Treasury Janet L. Yellen participated in an in-person meeting of the G7 Finance Ministers and Central Bank Governors today. G7 Finance Ministers applauded the historic deal between 136-nations that will reshape the international tax system and equip the global economy to meet the needs of the 21st century.
[size]Along with her counterparts, Secretary Yellen endorsed the G7 Public Policy Principles for Retail Central Bank Digital Currencies (link) and the G7 issued an accompanying statement on digital payments (link). She also expressed her strong support for efforts to channel Special Drawing Rights (SDRs) to further support vulnerable economies, including the rapid establishment of a new trust fund at the IMF to support economic transitions related to pandemic preparedness and climate change. G7 Finance Ministers also discussed the macroeconomic implications of climate change and the importance of resilient global supply chains.
*****************
U.S. Department of the Treasury
Office of Public Affairs
Press Release: FOR IMMEDIATE RELEASE
October 21, 2021
Contact: Treasury Public Affairs; Press@Treasury.gov
FATF Works to Strengthen Financial Transparency, Combat Misuse of Virtual Assets
FATF Approves Public Consultation of Revisions to Beneficial Ownership Standards and Updated Guidance on Virtual Assets
WASHINGTON — The Financial Action Task Force (FATF) concluded its October plenary today, the sixth session since the start of the ongoing COVID-19 pandemic. With hybrid participation both virtually and in-person in Paris, FATF advanced its core work on virtual assets, beneficial ownership transparency, and illicit finance risks.
“The United States welcomes the significant work by the FATF to enhance beneficial ownership transparency and provide clear standards and guidance for the virtual asset industry,” said Secretary of the Treasury Janet L. Yellen. “The FATF’s work will continue to strengthen global action against illicit finance.”
Virtual Assets Guidance
The FATF approved for publication an updated version of its Guidance on a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers. The guidance is intended to help jurisdictions and the private sector to implement the FATF’s standards on the virtual assets sector, which were revised in 2018. The FATF’s Virtual Assets Contact Group, the body that undertook this revision and which is co-chaired by the United States and Japan, will now focus its efforts to promote implementation of the standards.
Proposed Changes to Beneficial Ownership Standards
The FATF agreed to publish for public consultation proposed revisions to Recommendation 24, which sets the FATF standard regarding beneficial ownership transparency for legal persons. These proposed revisions are intended to improve the quality of beneficial ownership information available to law enforcement and other authorities in a timely manner, facilitate international cooperation, and improve transparency around public procurement to combat corruption. The U.S. strongly supports these enhancements to Recommendation 24 to increase beneficial ownership transparency.
LINK
Iraq requests removing its name from the high-risk countries
The mission of the Republic of Iraq to the European Union announced today, Wednesday, that Iraq has met all the FATF criteria for removing its name from the list of high-risk countries.
************
The 5 and (to) 10 thousand dinars denominations disappeared from the ATMs
Saturday 23 October 2021
Baghdad: Mustafa Al-Hashemi
Recently, there have been cases that the citizen was not familiar with, since the spread of ATMs throughout Iraq, represented by the disappearance of small and medium groups (from 1000 to 10 thousand dinars), which may bring back to the scene the scene of mistrust between the public and private banks, specifically, because of The latter's failure to provide all cash denominations in its ATMs.
Citizen B says: I (employee) “When I receive a message or a notification on my phone that my salary has been launched, I immediately go to the nearest ATM to withdraw the salary for the purpose of fulfilling my financial obligations that require cash (cash).
i added. To “Al-Sabah” that “the ATMs of the bank to which I settled my salary, are devoid of small and medium cash groups (1000 to 10 thousand dinars), and I do not know the reason, although withdrawing them as liquidity may differentiate among some who complain of the deterioration of their living conditions.”[/size]
Today at 5:00 am by Rocky
» Education: The cost of participating in the electronic school will amount to 200 thousand dinars
Today at 4:59 am by Rocky
» Al-Sudani arrives in Riyadh to participate in the World Economic Forum
Today at 4:58 am by Rocky
» A newspaper reveals a dark world that brings together bloggers and politicians
Today at 4:57 am by Rocky
» Al-Marsoumi: The bombing of the Kormor field undermined efforts to achieve self-sufficiency in gas
Today at 4:55 am by Rocky
» utube MM&C 4/24/24 Support - USA- Turkey - Timing- Currency Value - Tabled
Yesterday at 3:18 pm by Rocky
» utube MM&C 4/26/24 Iraqi Dinar - US Treasury Exchange Rates- Focus - Banking Partnerships - Rate C
Yesterday at 3:17 pm by Rocky
» Parliamentary efforts to transform Iraq into a global market for transferring Internet capacities
Yesterday at 3:07 pm by Rocky
» A parliamentary committee that enriches the political forces: Stop plundering Iraq’s wealth and work
Yesterday at 2:56 pm by Rocky
» Politician: Salem Al-Issawi is the most likely to assume the presidency of Parliament
Yesterday at 2:55 pm by Rocky
» The price of the dollar is close to 145 thousand dinars؛ how much is $100 worth of transactions؟
Yesterday at 12:57 pm by wciappetta
» Al-Sudani: The world today is witnessing crises whose impact has been reflected in the global econo
Yesterday at 10:50 am by Rocky
» The Federal Court responds to an inquiry by Al-Sudani regarding the powers of the provincial council
Yesterday at 10:40 am by Rocky
» Among them are the Iraqis... a list of the most sought-after immigrants to America
Yesterday at 10:38 am by Rocky
» An expert talks about the "biggest barrier" and the positives of merging Iraqi and Arab banks
Yesterday at 10:29 am by Rocky
» The House of Representatives adjourns its session
Yesterday at 10:24 am by Rocky
» Parliamentary demands to expedite the legislation of the Eid al-Ghadir holiday law (documents)
Yesterday at 10:23 am by Rocky
» Parliament adds the paragraph “Electing the Speaker of the House of Representatives” to its agenda
Yesterday at 10:21 am by Rocky
» Alsumaria publishes the text of the law against prostitution and homosexuality
Yesterday at 10:20 am by Rocky
» A parliamentarian reveals the reason for the failure of the Speaker of Parliament to pass during tod
Yesterday at 10:19 am by Rocky
» Al-Sudani: The government has launched many strategies and initiatives that will improve the reality
Yesterday at 9:42 am by Rocky
» International Business: Iraq has made progress in supporting businesses through investment and priva
Yesterday at 9:33 am by Rocky
» Association of Banks: Iraq is witnessing great development in the transition to electronic governmen
Yesterday at 9:25 am by Rocky
» The House of Representatives votes to add an item to its agenda (election of the Speaker of the Hous
Yesterday at 9:22 am by Rocky
» Parliamentary integrity: Combating corruption requires parliamentary legislation
Yesterday at 9:15 am by Rocky
» Al-Karaawi: America is trying to restrict Iraq
Yesterday at 9:13 am by Rocky
» The State of Law coalition moves to form the local government in Diyala
Yesterday at 9:12 am by Rocky
» The Sudanese and his battle against corruption.. Where is the fault with the government or with the
Yesterday at 9:11 am by Rocky
» Prime Minister's Advisor: We will see the dollar fall on the black market soon
Yesterday at 9:09 am by Rocky
» The Sunni blocs are resolute. The presidency of the Council is ours, away from Al-Halbousi
Yesterday at 9:08 am by Rocky
» Al-Sudani discusses with a workers’ organization his government’s steps in this field
Yesterday at 8:58 am by Rocky
» Parliament holds its session in the presence of 170 deputies
Yesterday at 8:57 am by Rocky
» In the presence of Nechirvan Barzani and Al-Sudani... the State Administration Coalition holds an “i
Yesterday at 8:55 am by Rocky
» The UAE company ADNOC resorts to Iraqi oil. Find out the reasons
Yesterday at 8:53 am by Rocky
» The Iraqi Parliament votes to add an item to elect a president to its agenda
Yesterday at 8:52 am by Rocky
» The Federal Court responds to an inquiry by Al-Sudani regarding the powers of the provincial council
Yesterday at 8:51 am by Rocky
» Al-Sudani: It is necessary to attract women to work as a productive energy that cannot be disrupted
Yesterday at 8:47 am by Rocky
» Zebari regarding targeting the Kormor field: a systematic attack on the economy of Kurdistan
Yesterday at 8:46 am by Rocky
» Saudi Arabia tops, and this is Iraq's rank... a list of major suppliers of crude oil to South Korea
Yesterday at 8:45 am by Rocky
» With a value of 125 million dollars.. Iraq is at the forefront of countries importing Iranian textil
Yesterday at 8:44 am by Rocky
» More than a billion dollars in sales from the Iraqi Central Bank within a week
Yesterday at 8:43 am by Rocky
» Al-Sudani stresses the need for the expertise of the International Labor Organization to legislate a
Yesterday at 8:29 am by Rocky
» Including the return of 21 wanted persons.. The Iraq Money Recovery Fund counts its achievements in
Yesterday at 8:27 am by Rocky
» The path to development is the criterion between true patriotism and political clowning.
Yesterday at 8:25 am by Rocky
» The file of the Presidency of Parliament is on the state administration table... this evening
Yesterday at 8:22 am by Rocky
» Director General of the International Labor Organization: Many challenges in the world of work and t
Yesterday at 8:20 am by Rocky
» Al-Sudani: The world is witnessing crises that reflect negatively on the Arab and international peop
Yesterday at 8:11 am by Rocky
» Prime Minister: Our government has provided great support for the success of the activities, program
Yesterday at 8:08 am by Rocky
» Al-Asadi: Iraq places the social protection file among its priorities
Yesterday at 8:07 am by Rocky
» Al-Sudani: Iraq is one of the first countries in the region to join the International Labor Organiza
Yesterday at 8:05 am by Rocky
» In the presence of Al-Sudani and Barzani, the State Administration Coalition holds an “important” me
Yesterday at 8:03 am by Rocky
» Appreciating the presence of Al-Sudani... Director General of the Arab Labor Organization: Here from
Yesterday at 6:29 am by Rocky
» Prime Minister: Our government has provided great support for the success of the activities, program
Yesterday at 6:28 am by Rocky
» Al-Sudani: The world is witnessing crises that reflect negatively on the Arab and international peop
Yesterday at 6:24 am by Rocky
» The Parliamentary Development Institute organizes a workshop on the political role of the representa
Yesterday at 6:22 am by Rocky
» With Arab and international participation. Tomorrow will be the start of the Fourth Baghdad Internat
Yesterday at 6:21 am by Rocky
» OPEC Secretary General: The end of oil is not on the horizon
Yesterday at 6:19 am by Rocky
» Closing a number of unlicensed offices and companies south of Baghdad
Yesterday at 6:16 am by Rocky
» Repercussions of the bombing...intensive government movements to resume work in the “Kormor” field
Yesterday at 6:15 am by Rocky
» In the presence of Al-Sudani...the opening of the Arab Labor Conference in its 50th session in Baghd
Yesterday at 6:14 am by Rocky
» Al-Sudani: We are working on drawing future visions regarding the “green and digital” economic secto
Yesterday at 6:13 am by Rocky
» Barzani after the Kormor attack: We are ready to coordinate with Baghdad to put an end to these atta
Yesterday at 6:10 am by Rocky
» Al-Sudani directs the formation of an investigative committee into the circumstances of the Kormo fi
Yesterday at 6:08 am by Rocky
» Bismayah is confused about the new electronic portal.. What about the landlord and the subcontracts?
Yesterday at 6:07 am by Rocky
» Kurdistan Government: Loss of 2,500 megawatts of electricity due to targeting the Kormor field
Yesterday at 6:06 am by Rocky
» Crisis in Kurdistan: 12-hour daily power outage and complaints of “confusion”
Yesterday at 6:05 am by Rocky
» The Supreme Anti-Corruption Commission demands Nineveh for the contracts concluded by “Najm Al-Jubou
Yesterday at 6:04 am by Rocky
» Al-Khanjar, Al-Samarrai, and Abu Mazen are hosted by Shaalan Al-Karim to discuss accelerating the se
Yesterday at 6:03 am by Rocky
» Iraq asks the countries of the world to respond to its requests to extradite wanted persons: We have
Yesterday at 6:02 am by Rocky
» “It is coming soon.” The Sudanese advisor sets the date for the referral of the Baghdad metro and th
Yesterday at 6:01 am by Rocky
» Al-Mubarqa: Iraq reserves its full right to respond to the Australian behavior
Yesterday at 6:00 am by Rocky
» Dollar exchange rates on Iraqi stock exchanges... recorded a decline, and this is the list
Yesterday at 5:58 am by Rocky
» Mr. Al-Sadr supports the position of American university students
Yesterday at 5:56 am by Rocky
» Iraqis are ranked 7th in the Arab world on the list of those most seeking immigration to America. He
Yesterday at 5:55 am by Rocky
» Soon.. 3 new hospitals will open in Baghdad
Yesterday at 5:52 am by Rocky
» Sponsored by Al-Sudani...the opening of the Arab Labor Conference in its fiftieth session in Baghdad
Yesterday at 5:51 am by Rocky
» Al-Shammari chairs a meeting at the controlling headquarters to review the results of the security o
Yesterday at 5:49 am by Rocky
» Arab Labor Organization: We commend Iraq's interest in the Arab Labor Conference
Yesterday at 5:48 am by Rocky
» Al-Sudani: The development road project will provide many job opportunities
Yesterday at 5:47 am by Rocky
» Sudanese advisor criticizes Kuwaiti analyzes regarding the development road project
Fri Apr 26, 2024 3:21 pm by Rocky
» Al-Mandalawi stresses the need to strengthen economic and trade cooperation between Iraq and Poland
Fri Apr 26, 2024 3:04 pm by Rocky
» Power maneuvers: America provides defensive weapons to Kurdistan in exchange for withholding from Ba
Fri Apr 26, 2024 11:26 am by Rocky
» Kuwait is drilling an oil well near Umm Qasr, towards Iraqi territory
Fri Apr 26, 2024 11:24 am by Rocky
» In the document... the first Iraqi ministry identifies the obstacles to changing the new official wo
Fri Apr 26, 2024 11:22 am by Rocky
» Italian Institute: Iraq is stuck in its own crises, including Baghdad’s efforts to undermine the “au
Fri Apr 26, 2024 11:21 am by Rocky
» The head of the Integrity Commission announces the holding of an international Interpol conference i
Fri Apr 26, 2024 11:18 am by Rocky
» Planning: Iraqi companies are not efficient in conducting the population census
Fri Apr 26, 2024 11:14 am by Rocky
» MM&C 4/25/24 National Bank of Iraq goes live with Temenos core banking and payments
Fri Apr 26, 2024 9:06 am by Rocky
» A banking official indicates a "danger" to Iraq by depriving more than half of its banks of dollars
Fri Apr 26, 2024 8:55 am by Rocky
» With the participation of the Association of Private Banks, investment opportunities are on the tabl
Fri Apr 26, 2024 8:45 am by Rocky
» Within a month... an Iranian border crossing recorded a noticeable increase in exports of goods to I
Fri Apr 26, 2024 8:44 am by Rocky
» The Association of Private Banks appreciates the efforts of the government and the Central Bank to c
Fri Apr 26, 2024 8:43 am by Rocky
» Al-Maliki's coalition presents a third candidate for the position of governor of Diyala
Fri Apr 26, 2024 7:57 am by Rocky
» Arab gathering: The Kirkuk problem is getting complicated and the Sudanese must intervene
Fri Apr 26, 2024 7:56 am by Rocky
» Next week.. a Kurdish delegation will visit Baghdad to meet with the Minister of Finance
Fri Apr 26, 2024 7:54 am by Rocky
» Under the pretext of salaries... Al-Party refrains from handing over port revenues to Baghdad
Fri Apr 26, 2024 7:53 am by Rocky
» Association of Banks: For the first time, we are witnessing a clear targeting of depriving half of t
Fri Apr 26, 2024 7:51 am by Rocky
» Parliament does not know the reason for the delay in sending the 2024 budget schedules: Voting takes
Fri Apr 26, 2024 7:49 am by Rocky
» Applicants for the 2024 Hajj are demanding that the Central Bank secure the dollar for them through
Fri Apr 26, 2024 6:09 am by Rocky