Anti-money laundering system on agenda

20 October 2011
Proper measures have been taken for promoting supervision of Central Bank of Iran (CBI), one of which is preparing a system for fighting money-laundering, said managing director of Informatics Services Corporation.

Regarding CBI programs on evaluating the customers before giving loans and promoting supervision system, Abutaleb Najafi said Informatics Services Corporation is in charge of producing the administrative tools in this regard, IRNA reported.

Fortunately, proper measures have been taken in this respect, he mentioned. For example, an anti-money laundering system has been drawn up, he pointed out.

He listed applying commercial intelligence in banking sector, removing paper banknote by 2020, dominance of virtual technology in all affairs and special position of mobile banking as among the strategic plans of the company.

Najafi continued that the security is a serious concern for banking system, adding CBI has asked the company to activate an exclusive secure system for banks.

© Iran Daily 2011