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April 12 2022
The Iranian Minister of Economic Affairs and Finance unveiled the new Iranian capital market monitoring system. He said: “a new system has been launched to support the market, gain the trust of investors and prevent fraud in the market.” “Intelligent monitoring mechanisms”, “leverage expansion” and other factors related to the capital market are areas of oversight that need to be strengthened, he said. He stated that the performance of each of these systems should be regularly reviewed so that market participants aware those violations from any authorities and at any level are detected and disclosed by the capital market supervisory body. Emphasizing on economic transparency, he added: “all institutions under government ministries are obliged to make their financial statements transparent and public.”