The Middle East and North Africa Financial Action Task Force (MENA FATF) decided, in its general meeting held in the Kingdom of Bahrain for the period from 19-23 of this May, to consider Iraq as one of the countries highly committed to the recommendations of the Financial Action Task Force in the field of combating money laundering and financing terrorism.
The media center of the Supreme Judicial Council explained in a statement, ‘The residents’ report on Iraq and the adequacy of the procedures followed by the Iraqi authorities in the field of combating money laundering and terrorist financing was accepted, and this means it will continue to not be included on the gray list, which is the list of high-risk countries in the field of combating money laundering and terrorist financing, after the Iraqi team succeeded in convincing the general meeting of the MENA FATF organization of the adequacy of the measures taken by it in this field.’
It is noteworthy that Judges Ali Hussein Jafat and Dhia Jaafar, deputies o
f the Karkh Court of Appeal, and Judge Iyad Mohsen, vice president of the Rusafa Court of Appeal, participated in the meeting with a group of representatives of the Anti-Money Laundering Office at the Central Bank of Iraq, as well as representatives of the rest of the relevant Iraqi institutions.
Source: National Iraqi News Agency