The governor of the Central Bank, Ali Alalak, Tuesday, that the strengthening of the relationship between foreign correspondent banks and Iraqi banks have significant benefits on the Iraqi banking sector.
"The measures taken by the Central Bank in the fight against money laundering and the financing of terrorism, which included a number of companies and were suspended from work and referred to the judiciary, is an important step and in compliance with the resolutions of the Council," Al-Alak said in an interview with Al-Iraqiya satellite channel in Washington. Security".
He added that "the strengthening of the relationship between foreign correspondent banks and Iraqi banks is very important and has significant benefits on the Iraqi banking sector," calling on foreign banks to "rely on the measures adopted by the Central Bank in the development of the banking sector such as compliance and anti-money laundering, which is the Faisal to accept cooperation with Iraqi banks. "
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"The measures taken by the Central Bank in the fight against money laundering and the financing of terrorism, which included a number of companies and were suspended from work and referred to the judiciary, is an important step and in compliance with the resolutions of the Council," Al-Alak said in an interview with Al-Iraqiya satellite channel in Washington. Security".
He added that "the strengthening of the relationship between foreign correspondent banks and Iraqi banks is very important and has significant benefits on the Iraqi banking sector," calling on foreign banks to "rely on the measures adopted by the Central Bank in the development of the banking sector such as compliance and anti-money laundering, which is the Faisal to accept cooperation with Iraqi banks. "
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