The Banking Studies Center concludes a Certified Compliance Manager (CCM) course

The Banking Studies Center at CBI concluded its Certified Compliance Manager (CCM) certification course. Twenty-three trainees from the Compliance, Risk, Anti-Money Laundering, Internal Audit, International, and Liaison Officer Divisions at several Iraqi banks participated in the course.

The program included knowledge of designing Know Your Customer (KYC) forms for individuals and companies, familiarity with the basic concepts of money laundering and terrorist financing, and an understanding of the procedures for handling foreign accounts and correspondence. It also provided a comprehensive understanding of international sanctions and procedures for dealing with high-risk countries, knowledge of compliance strategies for regulatory authorities, and coverage of foreign account tax compliance and the risks arising from non-compliance.

 

Central Bank of Iraq

Media Office

April 28, 2025