Author : Ban Twafik Nejem, Lecture
Illegal Banking Operations and the Role of Oversight and Scrutiny under Basel principles basel (Survey Study in Iraqi Banks)
Volume 29, Issue 23, Pages 159-203
The main objective of this research is to investigate the commitment control system of the banks to apply the pasel principles .to preserve the integrity of their financial positions and to achieve a a banking sector free from illegal banking operations, preserving the rights of depositors and investors, and ensuring the proper implementation of critical policy of the state appropriately to contribute effectively in national economic development and prosperity. we will search in this concept the illegal banking operations and its implications, making circulars and laws passed on efforts to reduce these operations in the Arab Gulf states, as well "on the role of central bank and regulatory authorities to examine them. In addition to that we reached to several recommendation and a set of laws and legislation which would enable the Central bank to exercise its control duties effectively and help to apply the principles of Basel .