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EU removes Iraq from high-risk money laundering list; EU ambassador says this will ‘pave the way for deepening financial cooperation and investment’

Photo credit: @EUAmbIraq Twitter

By Alisha Houlihan for AMLi

Iraq has been removed from the European union’s list of high-risk countries for money laundering.

The move comes following the 2018 decision by the Financial Action Task Force (FATF), to take Iraq off its ‘grey list’ due to its “significant process”.

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