The Central Bank Of Iraq Organizes A Workshop On National And Sectoral Assessment Procedures.
June 18, 2025 The Central Bank of Iraq's Erbil branch organized a training workshop on
"National and Sectoral Assessment Procedures," attended by the General Manager of the Erbil branch,
in cooperation with the Center for Banking Studies and the Compliance Supervisor's Office at the Central Bank of Iraq.
The workshop was attended by a group of private banks, non-banking financial institutions, and electronic payment companies operating in the region.
The workshop also addressed the Anti-Money Laundering and Terrorist Financing Law No. (39) of 2015 and the recommendations of the Financial Action Task Force (FATF), in addition to the national assessment of money laundering and terrorist financing risks based on international standards.
The workshop focused on practical applications and operational risk assessment, and presented real-life case studies that enriched the discussion and developed the participants' analytical skills.
The lecturers emphasized the importance of
private banks,
non-banking financial institutions, and
electronic payment companies
adhering to
updated compliance policies and
effective cooperation between relevant units
to ensure a
cohesive banking environment that
keeps pace with
international standards and
embodies the vision of the Central Bank of Iraq in this regard.
This workshop comes as part of the vision of the
Center for Banking Studies at the Central Bank of Iraq and the
Office of the Compliance Controller of the Central Bank
to prepare a qualified generation of banking professionals
capable of meeting modern regulatory challenges and
instilling a culture of compliance
as the cornerstone of sound banking governance.
Central Bank of Iraq Media Office June 18, 2025 https://cbi.iq/news/view/2913
