Iraq begins evaluating ISO 20022 and Digital Currencies

Our CSO met with the Central Bank and Speaker of Parliament in Baghdad, last week. Key policy initiatives focusing on the transition to ISO-20022, as well as the new US compliance ecosystem were discussed.

SIG looks forward to the Middle East Region further embracing the new digital payment ecosystems, and assisting with the modernizing financial systems.

Iraqi Parliament Speaker Mahmoud al-Mashhadani on Friday met with a delegation of Iraqi and international experts to discuss “supporting cryptocurrency legislation and strengthening the financial market”

Statement “The meeting presented successful trials in the US and UAE in the field of financial technology, as well as discussing the results of the delegation's research with the governor of the Central Bank of Iraq”