Financial Action Task Force (FATF) officially announced Iraq's exit from the follow-up area for the achievements of Central bank of Iraq and AML / CFT office that have made significant progress in improving and addressing deficiencies and meeting all its obligations towards FATF recommendations and addressing the requirements of the CBI's AML/CFT Strategy as well as the legislation of the Anti-Money Laundering Law No. 39 of 2015 and the issuance of instructions and controls and the establishment of the AML/CFT Council also the Committee for the freezing of terrorist funds. Therefore Iraq is no longer subject to monitoring and follow-up by FATF.