Turkey to cooperate with Iraq, Libya in fight against terror financing

ANKARA

Turkey will cooperate with Iraq and Libya to fight against financing of the terrorism and money laundering, according to Official Gazette published on Saturday.

A memorandum of understanding (MoU) between Turkey's Financial Crimes Investigation Board (MASAK) and Iraq's Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) was put into force.

An agreement between MASAK and the Central Bank of Libya and Libyan Financial Information Unit, on cooperation in exchange of financial intelligence on money laundering, related crimes and financing of terrorism, also came into force.