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Keep your eyes open for this new LAW to come into affect in Iraq

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Keep your eyes open for this new LAW to come into affect in Iraq Empty Keep your eyes open for this new LAW to come into affect in Iraq

Post by Ponee Thu Aug 08, 2013 2:53 pm


 
Ok, so if I am reading this right,  this new law  will open Iraq up to a vast ability for international financial business.... international business means you must have a stable financial standing.  This is a gooooood thing, heading in the right direction. I like seeing this kind of article.  WE need to keep our ears and eyes open for any news in regards to this law.  






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

 "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

http://alrayy.com/89540.htm


Last edited by Ponee on Thu Aug 08, 2013 3:22 pm; edited 1 time in total

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Post by doodoo Thu Aug 08, 2013 3:19 pm

Hmmmmm, a kurdish dude saying this? I likeeee. Could mean HCL is in waiting!

Thanks for the great find, Ponee. Glad you're back...I missed you yesterday!

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Post by Troyboy Thu Aug 08, 2013 10:19 pm

This is a great article.  Shows the great potential ahead
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