Iran Parliament Sets Rules for Establishing Financial, Credit Institutions

Those wanting to establish business in the monetary market, namely establishing credit institutions, setting up branches and offices, attracting public deposits in any form, offering payment, and any kind of activity in the payment system…must acquire permit from the Organization for Supervision Over Credit Institutions, the spokeswoman of Majlis Economic Commission said.
Zahra Saeidi Mobarakeh said the organization is obliged to publish names of all licensed institutions and branches and inform the police and the judicial system