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Central Bank withdraws a brokerage company to sell and buy currencies for violating the instructions

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rocky
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Central Bank withdraws a brokerage company to sell and buy currencies for violating the instructions

Post by rocky on Sat 11 Nov 2017, 2:54 am

Central Bank withdraws a brokerage company to sell and buy currencies for violating the instructions

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Economy News Baghdad:

The Central Bank of Iraq announced on Saturday the withdrawal of the license of a brokerage company to sell and buy foreign currencies for violating the instructions.
The bank said in a press statement that "in view of the violation of the company Notepad to mediate the sale and purchase of foreign currencies to the provisions of the regulation of the work of brokerage companies decided to withdraw the license to establish the company and the withdrawal of the letter of guarantee and issued in favor of this bank."
The bank called on "the Ministry of Commerce to cancel the certificate of incorporation granted to him by it," calling for "write off the company's name from its records and provide the Central Bank with the letter of liquidation certified."



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rocky
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Central Bank withdraws a brokerage company to sell and buy currencies for violating the instruction

Post by rocky on Sat 11 Nov 2017, 4:12 am

Central Bank withdraws a brokerage company to sell and buy currencies for violating the instructions


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Baghdad 
- The Central Bank of Iraq announced on Saturday the withdrawal of a license to buy and sell foreign currency for violating the instructions. 

The bank said in a statement that Alsumaria News received a copy of it that "in view of the violation of Notepad to mediate the sale and purchase of foreign currencies to the provisions of the regulations regulating the work of brokerage companies decided to withdraw the license to establish the company and withdraw the letter of guarantee issued for the benefit of this bank." 

The bank called on the Ministry of Commerce to cancel the certificate of establishment granted to it by the company, calling for "the cancellation of the name of the company from its records and to provide the Central Bank with the letter of liquidation certified."




The Central Bank of Iraq was established as an independent bank under its law of 6 March 2004 as an independent body responsible for maintaining price stability and implementing monetary policy. It supervises 10 commercial banks, 26 private banks and 16 Islamic banks, as well as 19 foreign banks. 6 financial institutions and 31 financial transfer companies.




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