Architecture department-Hawraman scientific trip
On 1st February 2023, the Department of Law Held an International Workshop on The Financial Action Task Force (FATF) guidelines and recommendations. The presenters included Dr. Ebad Rouhi, Assistant Professor, International Law, at the Islamic Azad University, Sanandaj Branch, and Aso Hama Sheen, Lecturer, Public Law, at the Cihan University of Sulaimaniya. The International Workshop was approved and supervised by Dr. Ismail Najmadin Zangne, Assist. Professor. Head of the Department of Law.
The Financial Action Task Force (FATF) is the worldwide supervisory body responsible for monitoring money laundering and terrorism financing. It establishes worldwide standards with the intention of stopping criminal activities and the damage they cause to society.
In this workshop, all the guidelines and legal resources as well as the various dimensions of the FATF Group were discussed and examined.
Further, the international workshop discussed a number of legal, technical guidelines, and recommendations that have been adopted by the (FATF) to combat organized crime such as money laundering and financing terrorism
These recommendations are binding on all member states and organizations that must comply with all guidelines. The members of this supervisory body and all who have accepted its guidelines work together to accomplish the goals of the body. Any country or entity that does not comply with the ban on money laundering and financing terrorism will face sanctions and boycotts from the group’s members.
This group relies on international law and international agreements for its legal matters; It constantly collects information on all states and organizations and monitors and evaluates the transparency and legality of the sources and inflows of currency.
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