College of Law

Master’s thesis in the private law branch on Central Bank supervision within the scope of combating money laundering and terrorist financing / a comparative study,,,
On Sunday, May 12, 2024, the Private Law Branch at the College of Law at the University of Mosul discussed a master’s thesis on Central Bank supervision within the scope of combating money laundering and terrorist financing/a comparative study, part of which was attended by Assistant Professor Dr. Wissam Nemat Ibrahim Al-Saadi, Dean of the College, and a number of College Council members and faculty. .
The thesis submitted by researcher Mohamed Habib Mouloud in the private law branch dealt with money laundering and terrorist financing operations that pose serious threats to the local and international financial system and to societal security and peace, as money launderers and terrorist financiers use financial institutions as main channels to carry out their criminal operations and try to pass them through various services. Provided by banks and companies or through investment in them.
The letter aims to clarify that the Central Bank of Iraq’s definition of money laundering as removing the source of the crime is not correct because removal means ending the existence of the crime and its impact, while it originally depends on making the illicit money appear as if it is derived from legitimate sources by concealing its true source.
The discussion committee was headed by Professor Dr. Zakaria Younis Ahmed, and the membership was Professor Dr. Bushra Khaled Turki, Assistant Professor Dr. Rawaa Younis Mahmoud, and the membership was supervised by Professor Dr. Ayser Essam Daoud.