EghtesadOnline: Governor of the Central Bank of Iran has provided further details about the new Forex Deals Integrated System, noting that it will reposition banks as the main market player, promote transparency and provide the needs of people.
EghtesadOnline: In continuation of the initiative to transfer the bank accounts of state-owned enterprises to the Central Bank of Iran with the aim of boosting transparency, income accounts in provinces other than Tehran will be moved during the next fiscal year (starting March 21).
EghtesadOnline: As the 50th anniversary of Iran’s capital market was being celebrated with much fanfare at the Iran International Conference Center on Sunday, an unlikely guest appeared on the stage to herald the close cooperation of “monetary and capital markets” to promote transparency in the financial conduct of domestic listed firms.
EghtesadOnline: In line with the government’s measures for boosting transparency and fighting corruption, Minister of Economic Affairs and Finance Masoud Karbasian has obligated all the ministry’s agencies –including the eight state banks–to present quarterly reports.
EghtesadOnline: To finalize the process of transferring the bank accounts of state-owned enterprises to the Central Bank of Iran to boost transparency, the regulator has issued a directive setting a deadline of three months for all the accounts to be moved.
EghtesadOnline: A total of 231 non-government entities have released financial statements in the past 18 months in line with boosting transparency in the Iranian economy, the head of the Securities and Exchange Organization said.
EghtesadOnline: Some 4,200 state-owned companies’ bank accounts have been transferred to the Central Bank of Iran since March 6, 2017, when President Hassan Rouhani issued the landmark directive aimed at enhancing the transparency of government finances and public entities’ expenditures.
EghtesadOnline: The Central Bank of Iran has unveiled the blueprint based on which state-owned lenders must make their financial data publicly available in line with the government's efforts to boost transparency in the financial sector.
EghtesadOnline: Money and Credit Council–a decision-making body–has called on state-owned lenders for the first time to make their financial data publicly available in line with measures to boost transparency.
EghtesadOnline: The two-year-old law requiring economic entities affiliated to non-departmental public bodies to make their financial statements transparent will be put into effect in the current Iranian month (started May 22), the chairman of Parliament Economic Commission announced.