The Central Bank of Iraq’s Anti-Money Laundering and Terrorism Financing Office held a workshop aimed at improving the quality of reports submitted by reporting authorities, with participation from compliance and anti-money laundering officers across financial and banking institutions. The programme covered Financial Action Task Force requirements for reporting quality and the outputs of Iraq’s mutual evaluation process on strengthening report quality. It also set out the methodology used in an analytical study to improve reporting and to analyse questionnaire responses from reporting authorities, alongside input from international expert Lotfi Hashisha, who outlined procedures planned over the coming six months and a dashboard intended to measure the impact of those procedures on reporting-quality rates.
Central Bank of Iraq 2025-02-26
Central Bank of Iraq AML/CTF Office holds workshop to improve reporting quality in line with FATF and mutual evaluation findings
The Central Bank of Iraq’s Anti-Money Laundering and Terrorism Financing Office conducted a workshop to enhance report quality from reporting authorities, focusing on Financial Action Task Force requirements and Iraq’s mutual evaluation process. The workshop included an analytical study methodology and input from international expert Lotfi Hashisha on upcoming procedures and a dashboard to assess their impact over the next six months.