Our Motto and Values: "Vigilance against money laundering indicators is everyone's responsibility."

1. Enhancing a sense of belonging to the bank.
2. Working with integrity and transparency at all levels among employees and those dealing with the bank.
3. Self-respect and excellence in providing banking services with the required speed.
4. Working as a unified team among ourselves and with the entities we deal with.

Our Vision:
To establish an independent department based on the latest banking and electronic systems, with the primary goal of detecting cases of money laundering and terrorist financing in a manner that does not conflict with customer service and comfort. We aim to develop its capabilities by harnessing modern technology and enhancing the skills of all institution employees in this field.

Ashur International Bank for Investment was established in Iraq in 2005 as a bank licensed by the Central Bank of Iraq and is subject to its supervision and oversight.

The Central Bank of Iraq requires all traditional banks in Iraq to comply with regulatory laws and regulations that must be implemented, and to operate anti-money laundering and counter-terrorist financing programs by establishing systems and controls and adhering to them to minimize the potential exposure to financial crimes. The Central Bank mandates that banks comply with all aspects of legislation and regulations related to combating money laundering and countering the financing of terrorism according to the Financial Crime Prevention Program issued by the Central Bank, which includes customer analysis rules provided by the Basel Committee on Banking Supervision and the Financial Action Task Force's Forty Recommendations.

Ashur International Bank fully complies with all instructions and legislation issued by the Central Bank of Iraq and the Anti-Money Laundering and Terrorist Financing Office. The operational frameworks implemented by the bank include:

- Establishing an independent Anti-Money Laundering and Terrorist Financing Reporting Department, tasked with reporting suspicious transactions to the relevant authorities.
- Know Your Customer (KYC) procedures: Compliance with KYC procedures during the establishment of a business relationship and continuously thereafter. The main elements of our procedures include:

1. Verifying the customer's identity and the source of funds before starting a business relationship.
2. Monitoring account transactions and reporting suspicious transactions involved in money laundering or other illegal activities to the relevant regulatory authorities.
3. Following a regular employee training plan, conducted with various bank departments to raise awareness among employees about identifying suspicious activities and reporting mechanisms.

Ashur International Bank is fully committed to remaining vigilant and prepared to prevent the misuse of its products and services by those seeking to abuse them. Adequate procedures have been put in place to ensure that the reporting process is done without disclosing the employee's identity, providing protection from unfavorable reactions.

Ashur International Bank complies with the regulatory requirements of the Foreign Account Tax Compliance Act (FATCA). Independent internal and external audits are conducted to ensure the bank fulfills its obligations under the bank’s anti-money laundering and counter-terrorist financing regulations and procedures.