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The Securities Commission launches its own strategy during the current month
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Economy News - Baghdad
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Economy News - Baghdad
The Iraqi Securities Commission announced, on Wednesday, its intention to launch its own strategy during the current month, while identifying three main features of the strategy.
The head of the authority, Faisal Al-Haimus, told the Iraqi News Agency (INA), and followed it up with "Al-Iqtisad News", that "the volume of trading and business that took place in the first half of the current world is good, but it remains below the level of ambition," noting: "We are working to increase the activity of the Iraqi market for securities." By supporting him with the tools and mechanisms he needs, according to the government program of Prime Minister Muhammad Shia al-Sudani.
He added, "The Authority is in the process of launching a joint strategy for the market and the Securities Commission during the current month, which will bring solutions to some existing problems, including non-disclosure of the data of companies not listed in the market that trade on the secondary platform, and resolving the issue of the Securities Commission law and sending it to the State Council after the last agreement." With the market, in addition to the issue of automation and combating the financing of terrorism and money laundering,” pointing out, “This is compatible with the government program and will help us advance the reality of the Iraqi market for securities.”
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