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Suspension of the activity of the permissible company to mediate in the sale and purchase of foreign currencies

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https://cbi.iq/news/view/2063

Suspension of the activity of the permissible company to mediate in the sale and purchase of foreign currencies
 
 August 21, 2022

Based on the decision of the Board of Directors of this bank No. (126) for the year 2022,

it was decided to stop the activity of a company that is permissible to mediate in the sale and purchase of foreign currencies / Basra Governorate, for a period of (6) months based on the provisions of Article (16 / V) of the controls regulating the work of exchange and mediation companies;

This is due to their violation of the regulations regulating the work of exchange and mediation companies in the sale and purchase of foreign currencies No. (1) of 2022;

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