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  • Iraq-Related Sanctions - Office of Foreign Assets Control
    The Iraq-Related Sanctions represent the implementation of multiple legal authorities Some of these authorities are in the form of executive orders issued by the President
  • July 9, 2025 – FINTRAC advisory: Financial transactions related to . . .
    evaluate the measures taken to implement the United Nations Security Council sanctions against the Democratic People’s Republic of Korea by the jurisdiction in which the foreign financial institution was incorporated and the jurisdiction in which it conducts transactions in the context of the correspondent banking relationship
  • U. S. Treasury Takes Action to Protect Iraqi Financial System From Abuse
    FinCEN Identifies Al-Huda Bank as a Primary Money Laundering Concern for Serving as Conduit for Terrorist Financing by IranOFAC Imposes Sanctions on Bank’s Owner WASHINGTON – Today, the U S Department of the Treasury is using powerful tools to protect the Iraqi and international financial system from abuse by terrorist financiers, fraudsters, and money launderers Treasury is issuing a
  • Five Iraqi banks to be banned from U. S. dollar transactions
    Iraq's central bank will ban five more local banks from engaging in U S dollar transactions, a move that comes after meetings with U S Treasury officials in efforts to combat money laundering
  • US sanctions Iraqi Banks, plans to ban foreign electronic payments
    “As a first phase, sanctions have been placed on five Iraqi banks, with more under review,” he noted “The US also informed Iraq of a decision to ban the use of all electronic payment cards outside the country within two months after uncovering suspicious transactions ”
  • eCFR :: 31 CFR Part 576 -- Iraq Stabilization and Insurgency Sanctions . . .
    In § 576 510 of this part, the Office of Foreign Assets Control authorizes all transactions involving property and interests in property blocked solely pursuant to Executive Orders 12722 or 12724 The Iraqi Sanctions Regulations, 31 CFR part 575, which implemented Executive Orders 12722 and 12724, have been removed from 31 CFR chapter V
  • US sanctions on Iraq expected in 2025 - mirs. co
    The US sanctions on Iraq are expected to be renewed, taking into account economic, political, and geopolitical factors As of February 2025, the United States maintains a nuanced approach to Iraq, balancing sanctions with strategic waivers to support Iraq's energy needs and economic stability
  • 5 Iraqi banks to be prohibited from dealings in US dollars
    The Central Bank of Iraq (CBI) will prohibit five more local banks from conducting transactions in US dollars




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