The Securities Authority announces the launch of its 2026-2028 strategy to develop and enhance investment.
The Securities Commission announced on Monday the launch of a strategy for the years 2026-2028 to develop the capital market and enhance investment. The head of the Securities Commission, Faisal Al-Haimas, stated in a statement that “the Securities Commission’s strategy for the years 2026-2028 has been launched, which aims to develop the Iraqi capital market and enhance its efficiency, in a way that contributes to supporting the national economy and creating a stable and safe investment environment in line with international standards and best practices.”
He also explained that “the strategy focuses on completing the legislative and regulatory structure of the securities market, foremost among which is following up on the approval of the permanent securities law, which will allow for expanding the horizons of investment in stocks, bonds and other investment instruments included in the draft law.”
He also pointed out that “the Authority is working to enhance its international standing by fulfilling the requirements for signing a memorandum of understanding with the International Organization of Securities Commissions (IOSCO) in preparation for moving from associate membership to full membership, and in a way that ensures compliance with international regulatory and supervisory standards.”
The head of the authority added that “the strategy includes attracting foreign brokerage firms and their clients through the exchange platform affiliated with the Abu Dhabi Securities Exchange by granting the necessary licenses to enter the Iraqi market and completing the technical linkage procedures with the trading and clearing systems, in addition to preparing clear regulatory and procedural guidelines that ensure compliance and quality of operations.”
He added that “the Authority seeks to open up to global securities and commodities markets by granting licenses to local brokers for foreign trading based on the provisions of Regulatory Regulation No. (35) of 2025, which enhances the diversity of investment instruments and raises the efficiency of the market.”
He emphasized that “the strategy pays special attention to digital transformation by adopting electronic signatures in the transactions of the Authority, the market and licensed companies, which contributes to simplifying procedures and improving the quality of oversight, as well as completing the launch of the custodian activity by following up on the technical requirements and granting the necessary licenses to foreign banks.”
He explained that “the strategy includes developing trading, clearing and electronic monitoring systems and enhancing cooperation with the Central Bank of Iraq to list all financial and banking shareholding companies and with the Ministry of Finance / Insurance Bureau to list insurance sector companies.”
The head of the authority pointed out “the importance of monitoring companies’ commitment to implementing the corporate governance guide, given its impact on raising the level of institutional performance and enhancing investor confidence, in addition to aligning the authority’s objectives with national economic visions and programs aimed at diversifying income sources and increasing revenues.”
He concluded by saying, “We emphasize the continuation of intensive media and awareness campaigns to establish a conscious investment culture and enhance public confidence in the Iraqi stock market, which supports the paths of economic reform and sustainable development.”
Burathanews.com