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IRAQ'S CORRUPTION
العربية
The Record

Timeline

This page lists the dated events on the site from 2003 to 2026, in the order in which they happened. Each event comes from one of the site's datasets and leads to its record: the start of a case, a sanction or a ban, a rule issued by the Central Bank, or a change in the legal status of a person or a company.

Each date is given only as precisely as the source gives it. It may be a day, a month or only a year.

The timeline holds 362 dated events: 98 case beginnings, 48 sanctions and enforcement actions, 82 Central Bank rules, 132 changes in the legal status of people and companies and 2 on how the new financial system was set up.

Kind of event
All 362Cases 98Sanctions and enforcement 48Central Bank rules 82Changes in legal status 132Beginnings 2
Period
All years 82From 2010 to 2019 61From 2020 to 2026 21

2010

  1. December 2010Central Bank rule
    Exchange companies: capital increase deadline and guaranteesReference: 1806/2/9 (referenced)

2011

  1. 23 February 2011Central Bank rule
    Foreign-exchange brokerage companies: licences and IQD 150 million capitalReference: Board session 1465 of 10 February 2011

2012

  1. 6 February 2012Central Bank rule
    Window sales continue; customer disclosure required
  2. 18 April 2012Central Bank rule
    Certified cheques accepted for the currency auction
  3. 20 May 2012Central Bank rule
    Rafidain Bank sells cash dollars to citizens
  4. 28 May 2012Central Bank rule
    Handover of cash foreign-exchange quotas to companiesReference: 186/2/9
  5. 29 May 2012Central Bank rule
    Private banks start retail cash-dollar sales
  6. 13 August 2012Central Bank rule
    Statement on monetary policy and dollar sales
  7. 28 August 2012Central Bank rule
    Importers must use the 1,189 rate
  8. 11 December 2012Central Bank rule
    Board decisions of 6 December 2012Reference: Board session 1492 of 6 December 2012

2013

  1. 17 February 2013Central Bank rule
    Cash sales through the Central Bank windowReference: 29/2/9
  2. 17 February 2013Central Bank rule
    Weekly (not daily) submission of transfer and letter of credit requestsReference: 40/2/9; follows letter 17 of 26 June 2012
  3. 19 February 2013Central Bank rule
    Final accounts deadline for foreign-exchange brokerage companiesReference: 44/6/9; Board session 1493 of 11 December 2012
  4. 22 February 2013Central Bank rule
    Central Bank statement responding to claims about the currency auction
  5. 17 April 2013Central Bank rule
    Clarification: dollar purchases by transferReference: 96/2/9; clarifies circular 72/3/9 of 2013
  6. 16 May 2013Central Bank rule
    Ceiling on transfer amount cancelledReference: 15/248
  7. 13 June 2013Central Bank rule
    Three banks commit to lower dollar prices

2014

  1. 22 January 2014Central Bank rule
    Reporting to the Central Bank (foreign-exchange brokerage companies)Reference: 18/6/9
  2. 25 January 2014Central Bank rule
    Instructions for the sale and purchase of foreign currency No. 19/3/9 of 2014Reference: S.M. 24/2 (Board of Directors); Instructions No. 19/3/9 of 2014
  3. 21 April 2014Central Bank rule
    Money-transfer companies may open accounts at the Central Bank
  4. 17 November 2014Central Bank rule
    Lower Central Bank commission on dollars for letters of creditReference: Board session 1516 of 30 October 2014

2015

  1. 2015Central Bank rule
    Bank declaration form for window purchase requests
  2. 2015Central Bank rule
    Instructions No. 8 of 2015 regulating foreign-exchange brokerage companiesReference: cover letter number illegible in the document; Instructions No. 8 of 2015
  3. 1 February 2015Central Bank rule
    Central Bank decisions to support the economy
  4. 8 February 2015Central Bank rule
    Instructions for the sale and purchase of foreign currency No. 26/3/9 of 2015Reference: 26/3/9 of 2015 (date per the 2017 cancellation clause); effective 23 February 2015
  5. 19 February 2015Central Bank rule
    Amendment to foreign-exchange sale and purchase instructions 26/3/9 of 2015Reference: 48/2/9; follows circular 43/3/9 of 8 February 2015
  6. 15 March 2015Central Bank rule
    New reporting form for foreign-exchange transfer statementsReference: 72/2/9; follows 48/3/9 of 19 February 2015
  7. 26 March 2015Central Bank rule
    Tax and customs deposits on imports financed through the windowReference: 93/2/9; per Prime Minister's Office letter M.R.W/4344/10 of 24 March 2015
  8. 3 April 2015Central Bank rule
    Warning on cash-dollar pricingReference: 126/2/9
  9. 9 April 2015Central Bank rule
    Exchange companies' dollar quota doubled; state banks open sale windows
  10. 26 April 2015Central Bank rule
    Questionnaire on the foreign-exchange windowReference: 120/2/9
  11. 19 May 2015Central Bank rule
    Board decisions of 19 May 2015Reference: Board session 1525 of 19 May 2015
  12. 21 May 2015Central Bank rule
    Deposit period for outward transfers cut to 10 daysReference: 188/2/9; follows 43/3/9 and 48 of 2015
  13. 21 May 2015Central Bank rule
    Money-transfer companies may use the auctionReference: 189/2/9
  14. 20 June 2015Central Bank rule
    Tax and customs deductions on dollar transfers stopped
  15. 22 June 2015Central Bank rule
    Tax and customs deductions on window transfersReference: 201/2/9; follows 93/2/9 of 26 March 2015
  16. 22 June 2015Central Bank rule
    Lifting of penalty (window access restored)Reference: 206/2/9; follows circular 203/2/9 of 18 June 2015
  17. 30 June 2015Central Bank rule
    Deposit period for outward transfers cut to 5 daysReference: 224/3/9; follows 188/3/9 (dated in the text 31 May 2015)
  18. 5 August 2015Central Bank rule
    Stopping dealings with branches in ISIS-controlled areasReference: 257/3/9
  19. 24 August 2015Central Bank rule
    Deadline for foreign-exchange brokerage companies under incorporationReference: 276/6/9
  20. 25 August 2015Central Bank rule
    Entering the currency auction (penalty lifted for one company)Reference: 12774/3/9
  21. September 2015Central Bank rule
    Rules on banks importing foreign-currency cashReference: Reinstates Instructions No. 4 of 2011 on importing foreign currency (Official Gazette 4198 of 4 July 2011)
  22. 14 December 2015Central Bank rule
    Foreign-exchange sale and purchase instructions: correspondent statementsReference: …4/2/9 (number partly illegible in the document); follows 224/3/9, 48 and 43 of 2015
  23. 27 December 2015Central Bank rule
    Exchange-rate changes (Central Bank buy/sell rates)Reference: 416/1/9; follows 153/1/9 and 410 of 2015

2016

  1. 15 December 2016Central Bank rule
    No plan to change the exchange rate

2017

  1. 12 January 2017Central Bank rule
    Documents required to take part in the foreign-exchange windowReference: 170/6
  2. 15 January 2017Central Bank rule
    Customs declarationsReference: 200/6 (number partly illegible in the document); follows circular 1913/6 of 19 December 2016
  3. 23 January 2017Central Bank rule
    Foreign-exchange window procedures: invoices no longer submittedReference: 291/6
  4. 26 January 2017Central Bank rule
    SWIFT statements no longer required with purchase requestsReference: 324/6
  5. 5 February 2017Central Bank rule
    Topping up banks' balances abroadReference: 425/6; refers to foreign-exchange sale/purchase instructions 26/3/9 of 2015
  6. 13 February 2017Central Bank rule
    Cancellation of circularsReference: 506/6 (signed 2017/2/9)
  7. 20 February 2017Central Bank rule
    Criteria for meeting foreign-exchange purchase requests (external audit)Reference: 850/6; follows 237/4/1/9 of 27 July 2016
  8. 10 April 2017Central Bank rule
    Compliance standard (window classification)Reference: 1077/6
  9. 21 April 2017Central Bank rule
    Foreign bank branches and the foreign-exchange window
  10. 15 June 2017Central Bank rule
    Window timetable change (holiday)Reference: 1864/6
  11. 21 June 2017Central Bank rule
    Same trading company using several banks on one dayReference: 1997/6
  12. 17 July 2017Central Bank rule
    Instructions for the sale and purchase of foreign currency 2017Reference: 2254/6

2019

  1. 2019Central Bank rule
    Preparing the launch of electronic travel cards
  2. 2019Central Bank rule
    Lower guarantee and fees for foreign-exchange brokerage companiesReference: Board decision 15 of 2019, session 1578
  3. 14 January 2019Central Bank rule
    Commission on small-denomination dollar cash deposits abolishedReference: P/K/160/9/3/12
  4. 21 February 2019Central Bank rule
    Cash salesReference: 508/2/6

2020

  1. 30 June 2020Central Bank rule
    Limits on banks' foreign-currency open positionsReference: Board decision 101 of 2020
  2. 20 December 2020Central Bank rule
    Commission on cash-dollar withdrawalsReference: 4312/6/5; refers to letter 822/6/5 of 29 March 2020

2021

  1. 7 June 2021Central Bank rule
    Regulations No. 1 of 2021 on exchange and foreign-exchange brokerage companiesReference: Regulations No. 1 of 2021; Board session 1607 of 7 June 2021
  2. September 2021Central Bank rule
    Regulations for principal and secondary agents of foreign money-transfer providersReference: Version of September 2021
  3. 22 September 2021Central Bank rule
    Instructions for the sale and purchase of foreign currency 2021Reference: 2647/2/6 (cover letter); Instructions for the sale and purchase of foreign currency of 2021

2022

  1. 1 February 2022Central Bank rule
    Regulations No. 1 of 2022 on exchange and foreign-exchange brokerage companies (amended)Reference: 40/5/9; Regulations No. 1 of 2022 (amended)

2023

  1. 2023Central Bank rule
    Contracts for domestic transfers; Western Union/MoneyGramReference: 120/2/22
  2. 19 February 2023Central Bank rule
    External Transfer Regulations 2023Reference: 1082/…/5 (number partly illegible in the document)
  3. 28 March 2023Central Bank rule
    Banks must check exchange companies' compliance with anti-money-laundering rules
  4. 27 August 2023Central Bank rule
    Electronic information system for exchange companiesReference: 5/3/33
  5. 4 December 2023Central Bank rule
    Branch opening by exchange companiesReference: 19/2/23; Board decision 192 of 2023

2024

  1. 22 April 2024Central Bank rule
    Exchange/intermediation companies switching their window bankReference: 200/4/9
  2. 16 May 2024Central Bank rule
    Customer due diligence and sanctions-list screeningReference: 21/6/22
  3. 30 June 2024Central Bank rule
    Cash-dollar sales to travellers (airport mechanism)Reference: 202/8/9
  4. 10 July 2024Central Bank rule
    Domestic transfers by exchange companiesReference: 2/3/33
  5. 10 July 2024Central Bank rule
    Recording transactions on the FITR platformReference: 22/…/23 (number partly illegible in the document); follows circulars 20/3/23 and 35 of 2024
  6. 11 July 2024Central Bank rule
    Commission on dollar sales to travellers at airportsReference: 8003/1/9; follows 302/8/9 of 30 June 2024
  7. 26 September 2024Central Bank rule
    Commission on dollar sales to travellersReference: 56/2/23
  8. October 2024Central Bank rule
    Branch rules for category A exchange companiesReference: 61/6/22; Board decision 225 of 2024 (cancels Board decision 192 of 2023)
  9. November 2024Central Bank rule
    Geographic distribution of exchange companiesReference: 64/2/33
  10. 29 December 2024Central Bank rule
    Merger deadline for foreign-exchange brokerage companiesReference: 74/3/33; Board decision 286 of 2024; follows 24/3/33 of 14 April 2024
Download:timeline.csv.xlsxrules_timeline.csv.xlsxenforcement.csv.xlsx