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Department of Supervision on Financial Institutions

This department consists of three offices and main duties include organizing affairs of financial institutions except brokers. Such duties include granting permits to such institutions, supervising and inspecting them and issuing, suspending, extending or canceling professional certificates in compliance with rules and regulations. All financial institutions except for brokerage firms intending to operate in the capital market or extend their scope of activities have to receive their licenses from this department and their articles of association need to be approved by this department.




Mohammadreza Motamed
Director, Department of Supervision on Financial Institutions