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SIDSCO and IPRA Inked MOU

The “SEO Information Dissemination and Services Company (SIDSCO)” – the wholly owned affiliate company of the Securities and Exchange Organization of Iran (SEO), has inked a memorandum of understanding with the “International Public Relations Associations (IPRA)” on the sidelines of the 12th International Finance Exhibition (FINEX 2019) in Tehran.

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Corporate Governance Regulations Amended

The SEO announced the finalization of a modified version for corporate governance, and its communication to issuers in Tehran Stock Exchange and Iran Fara Bourse. It is in line with Articles 8, 11, and 18 of Securities Market Act, which stipulate that the SEO shall take measures to protect investors’ rights and ensure material information disclosure. The regulations come into force as of July 2019.

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