Iran Banking Reform Blocked for Second Time by Clerical Council - Bloomberg:
Iran’s Guardian Council, a top political chamber of clerics and lawyers, has rejected for a second time an anti-terrorism financing bill aimed at bringing the lending sector closer to international standards, the semi-official Tasnim News agency reported.
The council, which vets major parliamentary decisions and new legislation, said the bill was not yet compatible with Iran’s constitution and Islamic law, Tasnim reported, citing a letter from the council to Parliament on Sunday
NOTE: President Hassan Rouhani and his cabinet say the bill is necessary to reform Iran’s banking sector to bring it in line with international standards and reduce its risk profile
No comments:
Post a Comment