Date : 15/12/2022

The Securities Depository Center (SDC) received a delegation from the Iraq Stock Market on 15/12/2022 as a part of mutual cooperation and exchanging experiences between the Arab capital markets. The delegation included the Iraqi Securities Commission, the Iraq Stock Exchange, and the National Bank of Iraq as a part of mutual cooperation and exchanging experiences between the Arab capital markets.

The CEO, Mrs. Sarah Tarawneh, gave an explanation of the establishment of the SDC, its objectives, its management, and its various tasks, including safekeeping, depositing, transferring ownership, settling their prices on the basis of delivery against payment, settlement bank accounts, and settlement risk management, in addition to an explanation of the role of the custodian and its connection with the cycle, the SDC's electronic systems and sub-systems were also reviewed, and the most prominent plans for future development.