Obligations of Licensee to Combat Money Laundering and Terrorist Financing

Abstract

The money – Iaundering and terrorist financing process is a process that negatively affects the economic teality of any country , including lraq , since money laundering and terrorist financing ate largely related to illegal activities . Most of the anti-money laundering and terrorist financing legislation requires licensed entities of the requirements to combat money laundering and the financing of terrorism, so we discussed the obligations of the licensee to combat money laundering and the financing of terrorism in order to shed light on these obligations of the licensed parties.