Central bank is called a package of instructions to reduce the phenomenon of smuggling and money laundering
The Central Bank of Iraq that the new regulations that have been released would be enough to control and finish from the phenomenon of smuggling currency out of the country, pointing out that the offices of banking and financial companies, government and private banks will all be under the direct control and in turn, will be imposed is the other control on the client to control the foreign remittances of counterfeits.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh, said that “the new instructions issued by the Central Bank has been circulated to all government and private banks and financial companies,” adding that “these instructions have been planned since for quite some time to finish some signs of damaging the market, which helped Currency fluctuations Okiem or the promotion of work and the smuggling of counterfeit money, or the financing of terrorism and money laundering inside Iraq, “stressing that” the central bank can apply these instructions to say that he succeeded in the development of regulatory system is the best in the world. “
