Been waiting to see this !! This will be a very, very important law

by b2stepblue Thu 08 Aug 2013, 1:35 pm

b2stepblue: Quiet Investor; Posts : 19
Join date : 2013-06-22

Post n°1

Been waiting to see this !! This will be a very, very important law

by b2stepblue Thu 08 Aug 2013, 1:35 pm

Been waiting to see this !! This will be a very, very important law ! Lets all watch for this...because when this new law is ready the financial side of Iraq will bust wide open, banks, insurance companies, brokerage houses etc...

"The Finance Committee and with the participation of consultants and international financial experts in the process of preparing a special law for banks supports the Iraqi banking system and يطوره, stressing been holding a series of seminars and workshops in order to reach a legal formula modern and sophisticated."

12:33 08/08/2013

Member: Finance Committee is preparing a special law for the banks with the participation of experts and international consultants

Agencies - A member of the Finance Committee MP for the coalition Kurdish blocs Dler the capable, of its intention to enactment of a special law for banks supports the Iraqi banking system with the participation of international experts and financial advisors.

He is able, in a press statement that "the current banking law is supportive of and does not allow investment banks and the use of modern technological techniques in the banking business, as it operates according to an old mechanics is novel and not keep pace with the developments in the world in the field of banking."

He pointed out that there is a strong desire by the international banks discreet to enter the Iraqi environment for the purpose of work and open branches in Iraq, especially after the withdrawal of Iraq from the provisions of Chapter VII, which was imposed on it by the United Nations, but Tstadm several obstacles, mainly the Banking Act.

"The Finance Committee and with the participation of consultants and international financial experts in the process of preparing a special law for banks supports the Iraqi banking system and يطوره, stressing been holding a series of seminars and workshops in order to reach a legal formula modern and sophisticated." P / h

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