rafidainscope - An official source at the Central Bank of Iraq confirmed that the supervision, regulation, and oversight of all financial institutions, both banking and non-banking, are the exclusive purview of the Central Bank. The source clarified that the role
of security agencies is limited to executive coordination for law enforcement based on official reports when violations occur. It was emphasized that these agencies are not authorized to pursue or detain foreign currency traders without explicit judicial orders and following
approved legal procedures.
