New Check Law Comes Into Force

The new check issuance and operational rules came into effect on the first working day of the new fiscal year on March 25.
It is designed to improve transparency in check transactions by obliging check holders to register data on electronic platforms designed by the Central Bank of Iran, according to a press release on the bank's website. 
The new law was first announced last December, but its implementation was deferred "to allow a smooth transition" from old procedures and improve public awareness.