Corporate Governance Directive
Economy, Business And Markets

Corporate Governance Directive

The general manager of anti money-laundering division of the Central Bank of Iran has announced that the “corporate governance directive” will be communicated “within the next few days” to all commercial lenders. Referring to the development of corporate governance laws, Abdolmehdi Arjmandnejad said at the 26th annual Conference on Monetary and Exchange Rate Policies that to devise this law, views of state-owned and private banks have been taken into consideration, Risk News reported. He stressed the importance of knowing one’s responsibilities as a member of a bank’s board of directors. Referring to the example of a person who was on the board of 10 different corporations, Arjmandnejad said such a person is unfit to oversee a bank’s performance.


Short URL : http://goo.gl/Q3sIsK
  1. http://goo.gl/2KLYg1
  • http://goo.gl/3Be7Rp
  • http://goo.gl/CPBrnh
  • http://goo.gl/5pMzBh
  • http://goo.gl/LyaVIW

You can also read ...

Alcatel’s Android Go Cellphone in the Offing
Two of the phones Alcatel revealed last month will be coming...
NASA Seeks Help to Check Satellites
NASA is asking all cloud gazers to snap photos of the sky and...
Iran has signed a contract with China Railway Group Limited in 2015 to build a 415-km (260-mile) high-speed north-south rail line between Tehran and Isfahan via Qom.
The Economy Ministry sold 2 trillion rials ($41.6 million) of...
Banque Delubac Ready to Service Iranian Businesses
Executives with Banque Delubac and Cie, an independent French...
Trade With Afghanistan Tops $2b
Iran and Afghanistan exchanged 5.32 million tons of non-oil...
$92m Worth of Gov’t Debts to Be Cleared in Swap Deal
The government has decided to clear over 4.45 trillion rials...
Iran-Lithuania Trade Falls 44% in 2017
Trade between Iran and Lithuania stood at more than €11.1...
Gov’t, Workers, Employers Deadlocked in Setting Minimum Wage
With only a day left for the Supreme Labor Council to set the...