Europe Says Iraq Is No Longer A High Risk For Money Laundering

The European Union has removed Iraq from its list of countries deemed to be high risk for money laundering, six years after first identifying it as a problematic jurisdiction.

The EU’s ambassador to Iraq Ville Varjola met prime minister Mustafa al-Kadhimi in Baghdad on January 9, saying he was “bringing the good news … that Iraq has been taken off the list of countries at high risk of money laundering by the EU.”

Source: Dominic Dudley, 10th of January  2022; https://www.forbes.com/sites/dominicdudley/2022/01/10/europe-says-iraq-is-no-longer-a-high-risk-for-money-laundering/?sh=2ed8764f3971