Training Course in Anti-Money Laundering
The Center for Banking Studies in the Central Bank of Iraq, in coordination with the General Directorate of the Branch of Erbil, organized a training course under the title Role of the compliance function in the anti-money laundering and regulatory requirements, which occurred on February 19, 2019 in the Ministry of Finance for the Kurdistan Region in Erbil and continue for three days. Number of employees participated in the training course from Al Rasheed and Al Rafidain Banks in addition to a number of certified private banks in the region.
The aim of the course is to enable the participants to understand the expected risks resulting from the non-application of compliance procedures by the Compliance and Anti-Money Laundering Units and the regulatory requirements in banks and financial institutions by highlighting the international standards recommended by the competent bodies in this field. This course helps participants to understand the modern methods of anti-money laundering, which contributes to enhancing the internal control of banks.
