Banking Legal Services in Iraq

Expert Legal Support for Financial Operations

At Hamurabi Iraq, we deliver comprehensive legal services tailored for companies, investors, and financial institutions operating in the Iraqi banking sector. Navigating Iraq’s banking regulations requires deep knowledge of the Central Bank of Iraq (CBI) directives, anti-money laundering (AML) laws, and international compliance standards. Our team ensures your financial activities are legally protected and strategically aligned with both local and international frameworks.

Our Banking Legal Services Include:

• Corporate Bank Account Establishment
  Full assistance in opening corporate accounts with licensed Iraqi banks, ensuring compliance with CBI regulations, Know Your Customer (KYC) procedures, and financial disclosure requirements.

• Banking Regulatory Compliance Advisory
  Legal guidance to ensure adherence to Iraqi Anti-Money Laundering and Counter-Terrorism Financing laws (Law No. 39 of 2015), and assistance with CBI reporting obligations.

• Financial Transactions Structuring
  Strategic structuring of inbound and outbound transactions, including cross-border fund transfers, in compliance with Iraqi banking laws and international standards (FATF guidelines).

• Legal Assistance for Letters of Credit (LC) and Bank Guarantees
  Drafting, reviewing, and negotiating banking instruments to safeguard your commercial transactions.

• Banking Dispute Resolution
  Legal representation in disputes related to account access, bank fees, transaction errors, credit facilities, and contractual disagreements with Iraqi banks.

• Support for Licensing Foreign Bank Branches and Representative Offices
  Comprehensive legal services for foreign banks establishing branches, including licensing procedures under CBI regulations and coordination with the Ministry of Trade and regulatory authorities.

• Due Diligence and Risk Assessment
  Conducting legal due diligence for major banking transactions, investment operations, and financing projects to minimize risk exposure.

Why Choose Hamurabi Iraq for Banking Legal Services?

• Proven Expertise in Iraqi Banking Laws
  We understand the nuances of the CBI regulatory environment and local banking practices.

• International Compliance Standards
  Our services are aligned with global banking compliance standards, ensuring smooth international operations.

• Strong Relationships with Iraqi Banks
  Our established network facilitates efficient banking operations and streamlined legal support.

• Comprehensive Risk Mitigation
  We identify and proactively manage legal risks associated with financial transactions in Iraq.

Partner with Hamurabi Iraq to navigate the complexities of banking in Iraq safely and confidently.
Contact us to ensure your financial operations are legally sound, compliant, and fully protected.