The role of the law and instructions of the Central Bank of Iraq in the establishment of branches of foreign banks in Iraq and control over them

Abstract

The central banks, including the Central Bank of Iraq, have been concerned with setting up regulations and formation to regulate the establishment of such branches and control them. The study reviewed a section of the Iraqi laws, including the Central Bank of Iraq Law No. 56 of 2004, low of banking No. 94 of 2004, and the Iraqi Companies Law No. 21 of 1997.