Background Verification a Must for Heads of Listed Companies

The Security and Exchange Organization (SEO) has notified listed companies and capital market institutions to publicly disclose background verifications of their senior managers.
Majid Eshqi, the SEO chief, made the call at a press conference on Tuesday, adding that the measure was approved recently after being on the back burner for almost 13 years. 
"It includes disclosure of legal records of directors of listed companies and capital market institutions," SENA quoted him as saying.