Central Bank to supervise JCPOA on Iran’s banking

TEHRAN, Sep. 23 (MNA) – Iranian Central Bank announced it has formed a committee to measure the effects of JCPOA on Iran’s banking system. Supervisory office Central Bank of Iran (CBI) issued a statement announcing the formation of a committee to measure and supervise the effects of implementing JCPOA on Iran’s banking system.

A host of banking experts who expertise on legal dimensions of banking deals and agreement have been appointed as members of the committee, according to public relations office of CBI.

On the agenda of the objectives of the committee is measuring the opportunities acquired according to the JCPOA for Iranian banks and efficient approach toward the agreement.

The Joint Comprehensive Plan of Action (JCPOA) is the agreement signed in Vienna on July 14 between Iran and 5+1 that lifts the anti-Iran sanctions in exchange for imposing limits on Iran’s nuclear program.

By Mehr News Agency