Iraq Compliance Report

Regulatory Overview

Regulatory Status

Dedicated crypto/VA legislation, licensing regime, active enforcement

Key Regulator(s)

Bureau of Industry and Security, Central Bank of Iraq

Primary Legislation

Iraq's primary anti-money laundering law is the Anti-Money Laundering Law No. 39, For conventional financial institutions, the Company Law No. 21 of 1997 and the, The law requires financial institutions to conduct customer identification proce, Beneficial ownership requirements under Iraqi law apply to legal persons, requir, There is no sales tax or value-added tax (VAT) law in Iraq that has been interpr, There is a fundamental regulatory void: no Iraqi law, regulation, or circular ei, s paper law and practical enforcement is significant, as the CBI

Travel Rule

Not adopted

Tax Reporting

Concerns about money laundering and terrorist financing.. Protection of the national financial system and stability.. Lack of regulatory oversight and consumer protection.. Perceived speculative nature and risks to investors.. Central Bank of Iraq (CBI) - Official Statements: While direct English links to the original Arabic directives are often difficult to find, reputable news outlets have widely reported on the ban.

Key Facts

Data collection in progress. This country's compliance facts are queued for research by our AI worker fleet. Check back soon or access data via MCP.