Iraq

A Qualitative Leap in the Iraqi Securities Market

A Qualitative Leap in the Iraqi Securities Market

The Securities Commission in Iraq announced the signing of a cooperation agreement with the Chartered Institute for Securities & Investment in the UK, which includes the exchange of information related to financial training programs, asserting that the agreement represents a qualitative leap in the operations of brokers in the securities market.

The chairman of the commission, Faisal Al-Haimus, stated in a press release that "the agreement has been under negotiation for about a year, and it was signed between the Securities Commission and the British Royal Institute for Licensing Securities Markets, which is a high-level professional certification recognized in all countries worldwide."

He noted that "this agreement represents a qualitative leap in the operations of brokers in the securities market in terms of enhancing the financial performance of companies and their ability to acquire new skills, not only in the Iraqi securities market but also in other regional and global markets."

Al-Haimus added that "the provisions of the agreement include the possibility of organizing training courses for Iraqi personnel to benefit from the experiences of financial markets in other countries and developing the professional framework by imposing the qualifications of the Chartered Institute for Securities & Investment on local Iraqi institutes specializing in the field of securities."

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