Monday, February 12, 2024
We have adopted electronic payment and will list its companies in the trading market – Securities Commission, 13. FEB
We have adopted electronic payment and will list its companies in the trading market – Securities Commission
Baghdad – 964
The Securities Commission announced on Monday that the acceptance of cash payments is through electronic payment methods only, while revealing a trend to list electronic payment companies on the stock market.
The head of the authority, Faisal Al-Hims, said in a statement to the official agency, followed by the 964 network, that “the authority represents regulatory bodies on the Iraq Stock Exchange, and since the beginning of the Prime Minister’s directive, by taking steps to automate electronic payment and the ongoing operations in the market in general, the authority has been forming a working team to support this file.”
Al-Hims added, “The Authority has currently stopped accepting cash payments except through electronic payment methods as revenues in the Securities Commission.”
He pointed out that “the market is currently destined to use this mechanism through intermediaries operating in the Iraq Stock Exchange,” noting that “electronic payment companies are not traded in the Iraq Stock Exchange, but there are companies in various other sectors, including banks, that are present in trading in the Iraq market.”
He stressed that “there is a trend to list electronic payment companies on the Iraq Stock Exchange during the current year.”
"RV UPDATE" BY CLARE & YADA, 13 FEB
Clare
Article: "Saleh: Iraq is experiencing high price stability and the decline of parallel market noise "
YADASecurities Commission: Accepting Cash Payments Exclusively Through Electronic Payment Methods, 13 FEB
Securities Commission: Accepting Cash Payments Exclusively Through Electronic Payment Methods
Money and business Economy News _ Baghdad The Iraqi Securities Commission announced today, Monday, that cash payments are accepted through electronic payment methods, while revealing a trend to list electronic payment companies on the stock market.
The head of the authority, Faisal Al-Haims, said in an interview with the Iraqi News Agency, followed by Al-Iqtisad News, that “the authority represents supervisory bodies for the Iraqi securities market, and since the beginning of the Prime Minister’s directive to take steps to automate electronic payment and ongoing operations in the market in general, the authority has been working on Forming a working group to support this file.”
Al-Haims added, “The Authority has now stopped accepting cash payments except through electronic payment methods as revenues from the Securities Authority.”
He pointed out that "the market is currently heading to use this mechanism through intermediaries working in the Iraq Stock Exchange," noting that "electronic payment companies are not traded in the Iraq Stock Exchange, but there are companies in various other sectors, including banks, present in trading in the Iraq Stock Exchange." ".
He stressed that "there is a trend to list electronic payment companies on the Iraqi Stock Exchange during the current year." Views 101 02/12/2024 - https://economy-news.net/content.php?id=40379
"RV UPDATE" BY SANDY INGRAM, 12 FEB
Sandy Ingram
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