ISC and ISX participated in a workshop entitled “Creating a unified understanding of the results of the national assessment process for the risks of money laundering and terrorist financing.

ISC and ISX participated in a workshop entitled “Creating a Unified Understanding of the Results of the National Assessment Process for Money Laundering and Terrorist Financing Risks”, which was organized by the Anti-Money Laundering and Terrorist Financing Office in cooperation with GIZ, in which international experts and speakers from the National Assessment Working Group participated in the workshop. Which consisted from National institutions that participated in the risk assessment procedures.

ISC was represented by Mr. Diyar Hammoud Ali, and Mr. Yasser Ahmed Abdul Karim, in addition to the participation of representatives supervisory authorities, including the Central Bank of Iraq and insurance, in addition to officials reporting and complying with banks, exchange and electronic payment companies, as well as brokerage and insurance companies.

   The workshop aims to create an understanding among all national authorities about the nature of internal and external risks facing the Republic of Iraq, and to emphasize the importance of the role of all parties in strengthening measures to combat money laundering and terrorist financing.

On the other hand, the importance of implementing the action plan included in the National Risk Assessment Report, each according to its competence, and its importance in reflecting the efforts of the Republic of Iraq during the mutual evaluation process.