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Agreement between Baghdad and Erbil to subject the banks of Kurdistan to the control of the Central

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rocky
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Agreement between Baghdad and Erbil to subject the banks of Kurdistan to the control of the Central

Post by rocky on Tue 13 Mar 2018, 1:17 pm

Agreement between Baghdad and Erbil to subject the banks of Kurdistan to the control of the Central Bank
March 13 2018 5:28 PM
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The governor of the Central Bank, Ali al-Alaq, on Tuesday, the agreement of Baghdad and Erbil to subject banks in the Kurdistan region to control the Central Bank of Iraq, indicating that it was also agreed to avoid double taxation.
 
"The Central Bank has the direct support of the Prime Minister of the Territory and the Minister of Finance to facilitate the work of the Central Bank branch and the performance of its oversight work to develop the banking sector in the region and provide ways of coordination between them."
 
Pointing out that "was also discussed on the licensing of banks and the government of the territory and re-development and legal adaptation to make them subject to the bank and control in a way that enables them to develop the role required."


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rocky
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Keywords: We agreed with the Finance to subject the banks of Kurdistan to the control of the Centra

Post by rocky on Tue 13 Mar 2018, 1:21 pm

Keywords: We agreed with the Finance to subject the banks of Kurdistan to the control of the Central Bank

Editor Hossam Al - Khafaji - Tuesday, March 13,


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The governor of the Central Bank Ali Alaq, on Tuesday, the agreement of Baghdad and Arbil to subject the banks in the Kurdistan region to control the Central Bank of Iraq , indicating that it was also agreed to avoid double taxation. 

He said during a press conference held with the Minister of Finance of the region in Arbil, and attended by Alsumaria News, it was "agreed with the head of the provincial government to exercise the branch of the Central Bank in Erbil work and supervisory authority and control over the banks of the region and non-bank financial institutions.


"The Central Bank has the direct support of the Prime Minister of the region and the Minister of Finance to facilitate the work of the Central Bank branch and the performance of its oversight work to develop the banking sector in the region and provide ways of coordination between them," adding that "was also discussed the licensing of government banks of the region And their legal adaptation to make them subject to the Bank and its control and in a manner that enables them to develop in the performance of the role required. 

"The agreement between the government and the region to avoid tax evasion between the two sides, and the banking sector will be the first link to solve this problem so that the branches of banks in Baghdad or the region are not subject to tax accounting twice and recognition of what was issued by the central government or territory under Agreement or under the manner in which the tax is accounted for ".

"This agreement and matters will be set within the framework of unifying and coordinating efforts to put in place their legal and constitutional framework," he said. 

The governor of the Central Bank Ali Alaak met on Tuesday with the Minister of Finance of Kurdistan and officials in the ministry to discuss the salaries of employees of the ministries of health and education in the region before the holidays of Noroz . 

A delegation from the federal government headed by the governor of the Central Bank of Iraq Ali al-Alaq, on Sunday, (March 11, 2018) to Erbil to discuss financial files with the Kurdistan Regional Government.



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weslin3
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Re: Agreement between Baghdad and Erbil to subject the banks of Kurdistan to the control of the Central

Post by weslin3 on Tue 13 Mar 2018, 1:50 pm

More agreement articles... Thanks rocky... bounce
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rocky
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Keywords: Banks of Kurdistan will be subject to the control of the Central Bank

Post by rocky on Tue 13 Mar 2018, 4:17 pm

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Keywords: Banks of Kurdistan will be subject to the control of the Central Bank

The governor of the Central Bank Ali al-Alaq, on Tuesday, the agreement of Baghdad and Arbil to subjugate the banks in the Kurdistan region to control the Central Bank of Iraq.
Alaq said during a press conference with the Minister of Finance of the region in Arbil, that "it was agreed with the President of the provincial government to exercise the branch of the Central Bank in Erbil work and supervisory authority and control over the banks of the region and non-bank financial institutions."
He added that "the Central Bank has the direct support of the Prime Minister of the region and the Minister of Finance to facilitate the work of the Central Bank branch and the performance of its oversight work to develop the banking sector in the region and provide ways to coordinate between them," adding that "was also discussed on the licensing of government banks belonging to the region and Their status and their legal adaptation to make them subject to the Bank and its control and in such a way as to enable them to develop their role. "
He explained that "the agreement was reached between the government and the region to avoid double taxation between the two sides, and the banking sector will be the first link to solve this problem so that the branches of banks in Baghdad or the region are not subject to tax accounting twice and recognition of the debt issued by the central government or territory under the agreement or under the method Which is tax-related. "



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rocky
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An agreement between Baghdad and Erbil to subdue Kurdistan banks regulated by the Central Bank

Post by rocky on Tue 13 Mar 2018, 4:38 pm

An agreement between Baghdad and Erbil to subdue Kurdistan banks regulated by the Central Bank



March 132 018 17:28

The Governor of the Central Bank, on the Keywords, Tuesday, Baghdad and Erbil agreement to subject banks in the Kurdistan region for the supervision of the Central Bank of Iraq, noting that it was also agreed to avoid double taxation.


Keywords added that "the central bank has won direct support from the Prime Minister of the Territory and the Minister of Finance to facilitate the work of the Central Bank branch and the performance of its oversight for the development of the banking sector in the region and provide a means of coordination between them."


Pointing out that he "was also discussed on the territory of the government banks licensing and re-established the legal and adapted to make them subject to the bank and its oversight form in which it can develop the performance of the required role."


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Re: Agreement between Baghdad and Erbil to subject the banks of Kurdistan to the control of the Central

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