Dananer News

  In Dananer News 

Accession of Iraq to the International Organization of Securities Commissions

The head of the Securities Commission, Alaa Abdul Hussein Al-Saadi, revealed that Iraq guarantees to the International Organization of Securities Commissions. Stressing that this step will contribute to attract investors to Iraq.

Al-Saadi said in a statement singled out by the Jordanian Securities Agency that the Securities Commission yesterday received a letter from the International Organization of Securities Commissions on the acceptance of the Council of the Organization of the accession of Iraq as a member of the participant starting from January 2019. The letter of acceptance included the invitation to Iraq to participate in the work The annual meeting of heads of securities bodies to be held next May in Australia.

He added that the process of joining the membership of this organization will allow Iraq to join the World Market and emerging markets.

“The process of joining the International Organization of Securities Commissions (IOSCO) requires many years, but our Commission has been able to complete the special requirements for a few months membership.

Saadi said that the accession process will contribute to the process of strengthening Iraq’s economic status, which helps to attract investors in securities, which will support the macroeconomic of Iraq. Source