The Central Bank Concludes A Symposium On Compliance And Anti-Money Laundering, 30 MAY

 The Central Bank Concludes A Symposium On Compliance And Anti-Money Laundering

 May 29, 2024   The Central Bank of Iraq, Kurdistan Region Branch, concluded an educational seminar targeting workers in mediation companies for buying and selling foreign currencies within the geographical area of ​​the branch.

 The organizers of the symposium   presented the concepts of controls and instructions regulating the work of exchange and brokerage companies in the sale and purchase of foreign currencies, amended No. (1) of the year 2022, and

     introduced the law on combating this phenomenon, No. (39) of 2015, as well as

     explaining the concepts and mechanisms for the success of the project of merging brokerage companies in the sale and purchase of currencies.

Foreign companies to form exchange companies under categories (A and B) and provide modern banking services and expand them for the purposes of combating money laundering and terrorist financing in accordance with international requirements and standards.

This symposium comes within a series of specialized seminars and workshops organized by the Central Bank, focusing on combating the crime of money laundering and terrorist financing and regulatory requirements in accordance with compliance controls.   Central Bank of Iraq      information Office      May 29, 2024   https://cbi.iq/news/view/2594     

Coffee with MarkZ. 05/30/2024

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good Morning  everyone…. hopefully we're on our way home to start our new lives

Member: The weeks are just flying by….Come on RV

Member: Remember how far you've come, not just how far you have to go.

Member: You mentioned your gut thinks the RV could happen between June 2 and 9th… Is that still valid?

MZ: Based on what I am hearing from the bond side, government side and group side…..To me it’s what makes the most sense. But, I am not ruling out any moment, because it’s a strong possibility.  But I am getting more info that the bond people are getting punted until the 2nd. 

MZ: Some people who had meetings were told their funds would release on the 2nd…so that makes the most sense. The bond side is getting confusing, but, that might be on purpose so we cannot figure out the timing.  But its highly possible it happens this weekend. 

MZ: I was once told the optimum time would be on a Saturday night to Sunday morning

Member: How do the historic bonds and currencies differ for the RV?

MZ: Currencies are part of the RV (Re-Valuation)  whereas historic bonds are the process leading to the global reset. Historic bonds have to be settled before the reset and the bonds will give liquidity to fund the currencies. 

Member: Funding also comes from Chinese elders, St. Germaine and Rodriguez trusts….and the D! and D2 out of Dubai…..is what I heard

Member: I heard the contract for Saudi to sell only for USD only ends on June 9th… I think that's the only thing propping up the dollar

Member: Maybe the 6/9 date has to do with end of 70 yr Saudi contract for using dollar for oil?

Member: Yes-77 year contract with Saudi Arabia expires on 6/9/24. USD for Oil. They ARE NOT renewing that contract! Boom!

Member: I heard the Federal Reserve's charter agreement also ends on June 9th.No idea if its true…..

​​Member: Iraq had a holiday called Eid Al-Adha on the 9th.

Member: Holiday Week in Iraq (potentially distribute smaller notes to banks & ATMs) 6/14-6/22…RV 6/23 (or that week)Budget gets final Approval (with new rate) just before end of June... new Quarter begins

Member: I know you said that you know people working in redemption centers. Do we know how many centers there are on average?

Member: Mark has said that there should be a redeeming bank/RC within 50 miles of most Americans. A little further if you live in the boondocks. 

Member: MarkZ, what is your opinion of reported $ 11 Trillion in USA Debt Defaulting in about 2 weeks and it's possible impact on RV Timing ?

Member: Think momentum…. all financial activity globally is head to the RV no doubt.

Member: Does there have to be a total financial crash before we can RV??

Member: Noone seems to know

Member: my Credit Union is updating core banking technology june 7 to 10

Member: IMO-The current administration is fighting to stop the RV all the way to the end.

Member: if the white hats are here they need to step the game up people are losing faith and hope. they can't afford to do anything. but work and sleep

Member: If this doesn't goes soon WE WILL BE A HUMANTARIAN PROJECT!!

Member: Great things about to happen for All Thank you Mark for your Immense boost of moral

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz

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Mod:  MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM

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THANKS FOR JOINING. HAVE A BLESSED DAY! SEE YOU ALL THIS EVENING FOR NEWS @ 7:00 PM EST ~ UNLESS BREAKING NEWS HAPPENS!

Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary, medical opinions or many guests on this stream……just RV/currency related topics. 

Iraqi Dinar✅ United State Of Amazing Announcement Rv Of Iraqi Dinar - ...

The Central Bank to NINA: The expansion of electronic payment operations will push towards the adoption of electronic signature in Iraq, 30 MAY

 The Central Bank to NINA: The expansion of electronic payment operations will push towards the adoption of electronic signature in Iraq

Wednesday 29 May 2024 17:31 | Economical Number of readings: 340  Baghdad / NINA / The Central Bank of Iraq stressed the importance of proceeding with the adoption and implementation of the electronic signature project in Iraq.

Deputy Governor of the Central Bank, Ammar Hamad Khalaf, said in a statement to the National Iraqi News Agency ( NINA ): “The expansion of the use of electronic payment operations will impose the need to implement the electronic signature.”

He added: "The need for paper signatures in government transactions and official papers will diminish in the future, until the need disappears completely with the expansion of the use of electronic payment processes and electronic signatures in daily transactions. There will be an obligation to amend laws or implement previous legislation related to electronic signatures."

Last March, the Ministry of Communications announced that 90% had been achieved in the electronic signature project, which aims to include Iraq in the list of countries in the world whose electronic transactions are recognized as reliable, upon adopting the electronic signature in these transactions, which can be issued to any citizen or governmental or private entity.

Desiring to obtain it by obtaining the internationally accredited electronic certification certificate, which will be issued by the Ministry of Communications in accordance with the law.

She explained: “Adopting the electronic signature in administrative and financial transactions in Iraq will contribute to simplifying procedures and supporting the government’s orientations towards digital transformation. And reducing financial and administrative corruption.”/End 5 https://ninanews.com/Website/News/Details?Key=1129504

Iraq Goes Live with Temenos Core Banking and Payments BY ARIEL, 30 MAY

 ArieL 

Iraq Goes Live with Temenos Core Banking and Payments

Iraq has gone live also in conjunction with the US. The National Bank of Iraq has gone live with Temenos core banking and payments, aiming to develop new products faster and optimize the customer experience. 

Following this announcement, the National Bank of Iraq (NBI), which is a part of the Capital Bank Group, has successfully launched Temenos core banking and payments.

This integration will focus on meeting the needs, preferences, and demands of customers in an ever-evolving market, while also prioritizing the process of remaining compliant with the regulatory requirements and laws of the local industry.

Darin Eardly   , Temenos. It is all connected QFS, stopping the clowns in our government from laundering money, demanding real representation not the one-way street all for them. Thanks for the information. 

T+1 settlement about to be T+0, stablecoins Mica all together.

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Prayer Barn   Looks like Iraq will be one the 1st with a secure banking system shutting down money laundering. That’s fantastic news. I’m sure it will quickly spread and other nations will follow.

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Joshua :  It’s happening~

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Gianna    Iraq is owning the world. 

"IMF ANNOUNCED THE 2024 ARTICLE IV CONSULTATION WITH EXCHANGE RATE OF DI...

The British Ambassador: We have a desire to strengthen Iraq's friendship and support it in reconstruction , 30 MAY

 The British Ambassador: We have a desire to strengthen Iraq's friendship and support it in reconstruction        

Economy News – Baghdad  The British Ambassador to Iraq, Stephen Charles Hutchin, confirmed, on Wednesday, during his meeting with the President of the Republic, Abdul Latif Jamal Rashid, his country’s desire to strengthen cooperation with Iraq and provide support in construction and reconstruction.

The Presidency of the Republic stated in a statement, seen by Al-Iqtisad News, that “President of the Republic, Abdul Latif Gamal Rashid, received, today, Wednesday, at Baghdad Palace, the British Ambassador to Iraq, Stephen Charles Hutchin.”

According to the statement, Rashid stressed "the importance of strengthening bilateral relations between Iraq and the United Kingdom, expanding the horizons of economic, investment and technological cooperation, and joint work to confront climate and environmental changes."

He pointed out that "the security and political stability that the country is witnessing and their positive repercussions on the economic, service and living aspects," stressing Iraq's keenness to establish balanced relations with its regional surroundings in accordance with the principles of good neighborliness and in a way that preserves its security, stability and national sovereignty.

For his part, the British ambassador affirmed his country's "desire to strengthen relations of cooperation and friendship with Iraq and support it in the sectors of economic and social development, construction and reconstruction."   Views 87 05/29/2024 - https://economy-news.net/content.php?id=43839