Iraq market for securities having a workshop on corporate governance rules
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Forged Iraq market for securities, on Saturday, a workshop under the slogan (the role of rules of corporate governance and disclosure and the guarantor Bank and teleconference for investors attract and stimulate investment and securities trading) on the Baghdad hotel.
Executive Director of the Iraq market for securities, Taha Ahmed Abdul Salam told singled out by the Economics News "today we evaluate this workshop devoted to discussion of the draft instructions on corporate governance prepared by the contribution of securities, securities trading activation requirements are capital market law in Iraq that a draft completed since 2008 by Iraqi and Arab capital market experts and foreigners, diversifying financial instruments in particular investment bonds and deposit instructions and trade Government bonds and corporate bonds.
He must issue rules of corporate governance contribute based on the principles of disclosure and transparency, and accelerate the establishment of the deposit insurance corporation to protect national savings and attract them to deposit in banks.
Said Director of control and inspection in securities Abbas fahdel, large companies influence the domestic and international economic situation and the larger company activity whenever their effect in the process of economic growth and greater labour and clearer than smaller, less influential companies.
He noted that the concept of governance is a set of rules and procedures by which the company management and control by regulating the relations between the Board and executive management and shareholders and other stakeholders.
Business Manager's workshop was attended by the Commissioner for the International Bank of Assyria Adnan Chalabi, and the number of employees in the private Iraqi banks Association and representatives of almsar and private companies in Iraq.
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Hits count 110 addendum date 23/07/2016-16:11 last updated 24/07/2016-06:29 content number 4434