New CBI Entities Approved

Members of Majlis Economic Commission on Sunday approved the formation of new specialized committees within the Central Bank of Iran for reviewing articles related to long-awaited bank reforms.
According to the commission's spokeswoman, Zahra Saeidi Mobarakeh, MPs have green-lighted the formation of a specialized monetary and forex policy committee in addition to a supervisory entity.
"A law enforcement council was also approved, which will operate as a subset of the Supervision Department while a number of instruments for implementing monetary policies by the central bank were ratified by the commission," she told ICANA, the official news outlet of the parliament.