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Anti-Money Laundering Strategy
23/11/2017 12:00 am Dr.. Bassem Ibrahimi It seems that the next battle, the fight against corruption, has started. This is what can be said, according to the statement of the Prime Minister at his last press conference. The new confrontation was announced in conjunction with the end of the military battle with the terrorist organization "Da'ash" But I will only limit the economic aspect of its implications. If we want to move towards the stage of development and reconstruction, the elimination of corruption is a necessary condition for that, otherwise, any economic stimulus is dead since birth, not evidenced by the implementation rates in the investment budget in the years of financial abundance, which accounted for only 65 percent of the allocation To find out that these simple percentages are the other were overpaid and above the real proportions much. Confrontation needs more than one mechanism and one of the most important lies in the drying up of the sources of the transfer of dirty money and its movement with the outside world as well as follow-up abroad and here will be a strategy to combat money laundering a key role in that, where the monetary authority preceded the role of government through the completion of the strategy of money laundering and terrorism financing for years (2017-2020), which has been prepared for a long time in cooperation with some international bodies and relevant organizations, which will reach the government in the coming days, as stated by the Governor the bank. In this context, there is international support for Iraq in this confrontation must be invested. The invitation of the Governor of the Central Bank of Iraq by the Security Council was an important precedent for the first time, where he made a presentation on the strategy mentioned and what has been achieved so far by the Central Bank by providing some names and companies Which is involved in money laundering and terrorist financing crimes to the judiciary to hold them accountable. Members of the Security Council welcomed the steps taken in this regard. In line with these trends, sections have been established to combat money laundering and terrorist financing in all the banks operating in Iraq on the basis of the central guidance. The work is being done on building their cadres with specialized courses in order to raise the level of follow-up and diagnosis in the financial sector. A comma in the field of construction and reconstruction, we should all support them with all strength. [You must be registered and logged in to see this link.] |
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