Page 32 - ISX Year Book 2023 EN
P. 32

Iraq Stock Exchange’s Annual Report 2023



                          4.   Executing financial clearance and share settlement processes, in cooperation
                              with the Clearing Bank.
                          5.  Monitoring activities of the Custodian’s Offices, in collaboration with the Iraqi
                              Islamic  Bank,  National  Bank  of  Iraq,  Elaf  Islamic  Bank,  and  International
                              Development Bank.
                          6.  Implementing relevant regulations, in accordance with the decisions made by
                              the ISC and ISX Board of Governors regarding branches, share settlements and
                              financial clearing.
                          7.  Cooperating with Arab stock exchanges, and exchanging technical expertise
                              and its applications.



                   C.  Regarding Culture of Dealing in Securities
                          1.  Issuing daily, monthly and annual bulletins and reports, and publishing them on
                              the ISX’s website, and through traditional and social media outlets.
                          2.  Releasing data of listed companies’ statements of financial position on the ISX’s
                              and IDC’s websites.
                          3.  Following up on the joint-stock companies’ annual  and quarterly disclosure
                              statements, in accordance with prevailing standards.
                          4.  Cooperating with Iraqi and foreign media in introducing and spreading a culture
                              of securities trading.
                          5.  Continuing to release the 2023 ISX’s indicators through the Arab Monetary
                              Fund’s  database  and  on  websites  of  the  Federation  of  Euro-Asian  Stock
                              Exchanges and Arab Federation of Capital Markets.
                          6.  Holding training courses, seminars and workshops for students at the ISX’s
                              headquarters and on campuses of Iraqi universities.
                          7.  Providing researchers, including master and doctorate candidates, with required
                              data.
                          8.  Conducting  advertising  campaigns  to  inform  the  community  about  the
                              Exchange and securities trading activities.



                   D.  Regarding Cooperation with Iraqi Securities Commission
                          1.  Changing periods of share settlement and financial clearing.
                          2.  Listing unlisted companies pursuant to relevant standards and regulations.
                          3.  Listing, depositing and trading GBs through its dedicated platform.
                          4.  Providing  the  Iraqi  Securities  Commission  with  reports,  data  and  tables  in
                              accordance with the requirements of Law No. 74 of 2004 and the instructions
                              emanating from it on a daily, monthly and annual basis.
                          5.  Providing an electronic copy of the shareholder register for the company that
                              decides to hold its general assembly meeting no less than three days prior to the
                              date of AGM for the purpose of delegating representatives.










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