CBI Letter: Majlis Should Abandon Contentious Banking Bill

The Central Bank of Iran in a statement asked the Majlis to approve banking rules that are drafted and developed by the government.
Board of directors of the CBI sent a letter to the speaker, Mohammad-Baqer Qalibaf, asking him to put the government-backed bill on the agenda.
In the letter the CBI emphasized that it is working on a banking bill “compatible with internationally- acceptable norms”, a press release on the bank’s website said.
Call by the CBI simply means that the regulator expects the legislature to abandon another contentious Majlis-backed bill being debated in the chamber that has created a lot of controversy in recent weeks.
In the letter the CBI appreciated the lawmakers concerns about banking laws, but stressed that it would be logical for the executive branch to be in charge of such crucial issue.