Stock Market Regulator Demands Greater Disclosures From Banks

The Securities and Exchange Organization has ordered listed banks and credit institutions to incorporate data on investment in shares and bonds in their monthly financial reports.
Prior to this they were obliged to include data only about the lending and deposits in the reports, according to the Securities and Exchange News Agency.
“The decision is in line with promoting transparency and quality of data of listed companies,” Saeed Vesheqani, head of the SEO Supervision Department was quoted as saying by IRNA.