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The Governor of the Central Bank is discussing with the Financial Control Bureau to raise the level of supervisory work
02:41 - 07/11/2018
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BAGHDAD ( Reuters) - Central Bank Governor Ali Al-Alak on Wednesday discussed with the Financial Control Bureau the upgrading of the supervisory work to improve the performance of banks and non-banking financial institutions.
"The governor of the bank Ali al-Aal held a meeting with the head of the Federal Financial Supervisory Bureau and the president of the Iraqi Association of Certified Public Accountants to discuss the performance of auditors regarding the disclosure of financial statements of banks and non-bank financial institutions and ways to improve it," the statement said.
The statement added that "priorities have been set for professional work and cooperation to raise the level of supervisory work to a high level in order to guarantee the improvement of the performance of banks and non-bank financial institutions". He stressed "the need to anticipate any defects that may occur before disclosure and take the necessary measures to address them."
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02:41 - 07/11/2018
[You must be registered and logged in to see this image.]
BAGHDAD ( Reuters) - Central Bank Governor Ali Al-Alak on Wednesday discussed with the Financial Control Bureau the upgrading of the supervisory work to improve the performance of banks and non-banking financial institutions.
"The governor of the bank Ali al-Aal held a meeting with the head of the Federal Financial Supervisory Bureau and the president of the Iraqi Association of Certified Public Accountants to discuss the performance of auditors regarding the disclosure of financial statements of banks and non-bank financial institutions and ways to improve it," the statement said.
The statement added that "priorities have been set for professional work and cooperation to raise the level of supervisory work to a high level in order to guarantee the improvement of the performance of banks and non-bank financial institutions". He stressed "the need to anticipate any defects that may occur before disclosure and take the necessary measures to address them."
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