The Central Bank of Iraq said the Anti-Money Laundering and Counter-Terrorism Financing Council, at its fourth regular meeting chaired by Governor Ali Mohsen Al-Alaq, reviewed the council's 2025 annual report for submission in final form to the Council of Ministers for approval of the recommendations it contains. The council also approved an updated assessment covering 2020 to 2024 of the misuse of the nonprofit organizations sector in terrorism financing and adopted it as a unified national report for Iraq. The planned submission of the annual report follows Article 7(14) of the Anti-Money Laundering and Counter-Terrorism Financing Law No. 39 of 2015. The meeting also reviewed work by the committee established under Order No. 2 of 2023 on assessing the risks of misuse of legal persons in Iraq. The council instructed the relevant committee to provide data and statistics, including practical cases and the actions taken in response. It also examined the 2025 annual report of the Anti-Money Laundering and Counter-Terrorism Financing Office and reviewed the latest developments in Iraq's mutual evaluation.
Central Bank of Iraq2026-06-11
Central Bank of Iraq AML CFT Council advances 2025 annual report and adopts nonprofit sector terrorism financing assessment
The Central Bank of Iraq said its Anti-Money Laundering and Counter-Terrorism Financing Council reviewed the 2025 annual report for submission to the Council of Ministers and approved an updated 2020 to 2024 national assessment of misuse of the nonprofit organizations sector in terrorism financing. The council also asked the committee examining misuse of legal persons to provide case-based data and reviewed the latest developments in Iraq's mutual evaluation.