Iraq's Central Bank is tightening its oversight of politically exposed https://www.myfxbuddies.com/2026/08/cbi-crackdown-iraq-tightens-controls-on.html persons, their relatives, close associates, and companies connected to them. According to documents obtained by Al-Ahd News, the Central Bank of Iraq has issued new instructions requiring banks and licensed non-bank financial institutions to strengthen due diligence and monitoring procedures involving politically exposed persons as part of broader anti-money-laundering and counter-terrorism-financing measures. The new approach reportedly requires financial institutions to assess risk based on factors including a person's position and influence, financial activit ...