Economy, Business And Markets

JCPOA Banking Committee

JCPOA Banking Committee JCPOA Banking Committee

The Central Bank of Iran has set up a special regulatory committee to supervise banking issues in the Joint Comprehensive Plan of Action, the official name of the nuclear deal between Iran and the six world powers. The committee will address potential problems for the Iranian banking industry when the JCPOA is implemented. As per the historic deal, most of the banking and economic imposed on Tehran will be lifted in exchange for effective concessions from Iran over its long-disputed nuclear program.