The Iraqi Private Banks League (IPBL) has participated in the second Corporate Governance, Risk Management, and Compliance Forum, organized by Bayt Al-Hikma Training and Consulting Company (BHTC). The event brought together members of Parliament, advisors to the Prime Minister, and representatives from the Central Bank of Iraq, the Iraqi Securities Commission, commercial banks, e-payment companies, insurance firms, and the private industrial sector.
Delivering remarks on behalf of the League, Samir Al-Nusairi, Advisor to the Iraqi Private Banks League, conveyed greetings from the League's Chairman and board members, as well as from the heads of bank boards. He expressed appreciation to the organizers and reaffirmed the League’s commitment to supporting and implementing Central Bank policies, particularly in governance, risk management, and regulatory compliance.
Al-Nusairi underscored the League’s adherence to its internal charter in promoting banking sector alignment with institutional governance standards and Environmental, Social, and Governance (ESG) requirements, in line with the Central Bank’s 2024 directives. He highlighted the League’s efforts to foster international partnerships with correspondent banks and financial institutions, while ensuring compliance with local and international regulations, including those of the Financial Action Task Force (FATF).
He also presented data on the League’s key achievements in workforce development over the past five years—delivering specialized training programs, workshops, conferences, and forums for banking personnel.
In closing, Al-Nusairi called for private sector inclusion in the Council of Ministers' Reform Cell and the Economic Ministerial Council, as well as representation within advisory bodies across economic ministries, to strengthen its role in shaping economic policy and decision-making.