Millionday Monday Night News 3/14/16 Part 2 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: NOTE -- INTERNATIONAL COMPLIANCE MAKES ECONOMIC INFORMATION TRANSPARENT FOR >>>>>>>>>>>>>>> It also aims to achieve transparency by providing non - financial right for shareholders and other stakeholders of financial information and delivery information right time in order to enable shareholders to make an appropriate decision in connection with her, as well as clarify the Bank 's activities for each external parties for clarity and paper activities in front of depositors and investors
Millionday: WHOOPOW -- ISX AND FOR BANKING -- LOVE IT
Millionday: and between Shammari said the targets also include responsibility and accountability , which is to abide by the laws and working to meet the needs of shareholders and other stakeholders and the board of Directors set the strategic goals of the bank and oversee the executive management and the accountability of the administration by the board of Directors and shareholders and other stakeholders, as independence goals include represented the independence of the board and its committees and multiple independent the external auditor and the independence of internal audit.
Millionday: NOTE -- GOODNESS WE HAVE WAITED YEARS JUST TO SEE THESE WORDS IN ONE REPORT
Millionday: NOTE -- OBVIOUSLY THIS IS INFORMATION WE ARE USED TO DUE TO OUR OWN MARKET BUT THIS IS SELF EXPLANATORY AS BEING FOR THE ISX
Millionday: sources of funding and pointed out that the governance helps in attracting local and international sources of funding for expansion, growth and development, and to maximize the market value of the shareholders and the shareholders and supports competition in the market competition, and the use of instruments that will mechanisms that the development of investments in order to achieve profitability and in order to minimize the risks,
Millionday: READ EVERY WORD>>>>>>>>>>>> as well as it supports the stability of financial markets in the banking services that contribute to the efficiency required and the economic value and control to protect the banks and financial institutions resources as well as to strengthen investor confidence and ensure the disclosure and transparency in the financial statements.
Millionday: NOTE -- VERY EXCITING >>>>>>>Shammari said that governance is working on develop systems to ensure that reduce fraud and corruption and conflicts of interest, and put control and audit systems and accountability to the departments of banks and members of the board of Directors,
it is also working to develop regulations regulate the issue and distribution of rights and responsibilities, and enhance the confidence of stakeholders and stoke their role, as well as overcome the difficulties facing the application and implementation of mechanisms in the financial and banking institutions in the operations in Iraq.
Millionday: NOTE -- WE HAVE READ IN THE LAST FEW DAYS CONCERNING THE ECONOMIC MONITORING SYSTEM WITHIN THE COMMITTEE ---- IT IS FORMED BY WHAT WE HAVE READ
Millionday: he said that the challenges facing the governance can be summarized weak and limited attention to internal and external governance mechanisms and the lack of special units tests pressure (stress testing) , which is part of the culture of governance,
as well as the lack of specialized units in Iraq 's financial and banking institutions take responsibility for follow - up and implementation of legal rules and regulations within their organizational structures. importance of integration Shammari stop when another very important topic represented in the banking merger , which is
Millionday: NOTE -- OBVIOUSLY EVERYTHING WILL BE MONITORED BUT THIS IS GREAT TO SEE THE POINT THEY ARE AT -- SMILE
Millionday: NOTE -- THE REPORT GOES ON TO EXPLAIN THE USE OF INTERNATIONAL COMPLIANCE AND AUDITING PROCEDURES WHICH WE ARE AWARE OF ---
Millionday: regulators concluded Shammari to say: that the direction and guidance of regulatory authorities with respect to banks , corporate governance practices should be binding execution by the boards of directors and senior management,
so as to ensure risk reduction and increase the frequency of returns and the protection of shareholders ' rights, calling on those in charge of banks and financial institutions to put an Arab model for the governance of banks and financial institutions to take into account the environmental conditions of the Arab banking reality.
Millionday: SO IT IS NOT HARD TO CONCLUDE THAT THIS IS ALL ABOUT THE LISTING ON THE STOCK MARKET AND THE BANKING REFORM AND ITS IMPACT ON ALL STAKEHOLDERS ---
Millionday: LOVE IT -- SMILE
thomas1: is the ISX live and bond sale still on the march 15
Millionday: THAT IS THE DATE THEY GAVE BUT WE WILL HAVE TO SEE ACTION AFTER ALL THESE YEARS WORDS DONT MEAN MUCH -- A LITTLE MORE ACTION IS WHAT I NEED LOL
Millionday: I KNOW ALL OF THE ACTIONS ARE WHAT I WOULD EXPECT TO SEE -- SO I AM VERY ENCOURAGED -- IS IT TOMORROW ? -- THAT WE WILL WAIT AND SEE SMILE -- THE NEXT DAY? I CANT WAIT TO FIND OUT I KNOW THAT
Pablo: Does parliament have to vote on all these reforms, or are they just going to start them up?
Millionday: NO PARLIAMENT DOES NOT HAVE TO VOTE ON REFORMS
Millionday: THANK GOODNESS
Millionday: THE BEST PART IS THAT THE NEWS IS NOT LOADED -- SO NOT A LOT OF TALK AS WE HAVE SEEN FOR ALMOST A YEAR NOW
Millionday: HOLD ON TO YOUR HATS AND THINK THIS THROUGH
Millionday: THERE ARE MANY REASONS THAT THIS COULD HAPPEN BUT REMEMBER THIS IS SOLD ON THE MARKET -- STOCK MARKET AND PRICED GLOBALLY
Millionday: Finance Minister Hoshyar Zebari, on Monday, that Iraq is inclined to accept the global agreement to freeze oil production in order to raise crude prices.
The Reuters news agency quoted Zebari as saying in a telephone interview from London , where he is subject to the treatment, that " the idea of freezing production I think it is acceptable to all parties and even for us. "
" Everyone is suffering from the decline in oil prices. "
he declined to Zebari to discuss the idea put forward by Russian energy Minister Alexander Novak except for Iran to freeze production agreement.
Millionday: THINGS THAT MAKE YOU GO HMMMMM
Millionday: FREEZING OIL PRODUCTION TO RAISE PRICES ? ---
Millionday: it was Novak said , speaking from Tehran that the global agreement to freeze production oil could be signed in April with Iran exception that said he was entitled to boost output after years of sanctions.
this comes at a time when the North oil company, which managed the Iraqi government to supply a pipeline to Turkey with crude produced by fields in Kirkuk stopped it.
conveys pipeline crude to the port of Ceyhan on the Mediterranean , where Kurds sell independently on the world market as well as the oil produced by their region 's semi - autonomous.
Millionday: NOTE -- iRAQ HAS AGREED OF COURSE TO JOIN THE GLOBAL MARKETING
Millionday: the issue of the North oil company is usually 150 thousand barrels per day through the pipeline.
he said the company requested anonymity responsible if ordered to stop pumping pipeline issued by the oil Ministry in Baghdad. He added "there is no technical fault .. It is a decision of Baghdad."
The Kurdish forces Peshmerga seized control of Kirkuk , disputed for a long time and its oil fields in June , in June 2014 after the withdrawal of Iraqi army units in the north to the advancement of the organization of the Islamic state fighters who overran third of the country 's territory .
Millionday: NOTE -- THIS IS AN AGREEMENT BY BAGHDAD -- SMILE
Millionday: since then continued to the North oil Company pumping crude through the pipeline , which was shut for more than three weeks.
The chairman of the Committee on oil and gas Council Kirkuk province , Ahmad military said pumping ceased after a restart of the pipeline on Friday.
a source said the North oil Company said the company continues to crude production but store it in Kirkuk rather than exported through the pipeline.
Millionday: SO AS WE SEE --NOT DUE TO THE PIPELINES BEING TAKEN OVER BUT THEY HAVE SHUT THEM DOWN AS OF FRIDAY DUE TO PRICE ADJUSTMENT ACCORDING TO THIS --
Localcats: what do you think MD
Millionday: WHAT DO I THINK? -- I THINK I AM SO SICK OF BEING STUCK IN THIS CHAIR AND I AM PAST READY TO BURN IT
Pablo: Hummm, could you give us a more definitive statement on that?
Millionday: I WOULD LOVE TO -- I WOULD LOVE TO BE A FLY ON THE WALL -- BUT ANYONE THAT TELLS YOU THEY KNOW --- I HAVE TO SAY HMMMM --- I DONT THINK SO –
I THINK WE WILL ALL FIND THE ANSWER TOGETHER -- THE MOST WE HAVE FOUND IS THE MOST TO BE FOUND -- WE HAVE TO WAIT AND SEE -- BUT I CAN SAY THIS ---
CLOSING DOWN OIL PRODUCTION WHEN IT IS SUCH A HUGE PART OF GDP IS LIKE DOMINOES HOLDING OUT ON MAKING PIZZA --- HAS TO HAVE A REASON THAT MAKES HUGE SENSE
plowboy: so won't they have to just have to do it all over again when they resume production?
Millionday: THEY ARE ADJUSTING THE PRICES ACCORDING TO REPORT -- SO AFTER IMO IT WILL BE DONE THROUGH THE MARKET AND DATA ENTRY
glen: Any word on cards being loaded?
Millionday: THERE SEEMS TO BE A GLITCH THAT WILL BE DONE AND TAKEN CARE OF VERY SOON
dale: Do you see these ministerial changes as being a forgone conclusion?
Millionday: I SEE THEM AS BEING A NECESSITY AS WE READ A LONG TIME AGO THAT THE OBLIGATIONS/ROLES WILL BE DISTRIBUTED TO MINISTERS WHEN THE INFRASTRUCTURE/REBUILD BEGINS IF MY MEMORY SERVES ME RIGHT
Millionday: IT EXCITES ME AS SOMETHING WE SHOULD EXPECT
Millionday: EVERYONE HAVE A GREAT NIGHT AND KEEP EVERYONE IN YOUR PRAYERS
Millionday: THANK YOU ALL THAT HAVE BEEN DOING SO MUCH BRINGING IN NEWS AND HELPING ON THE SITE -- IT DOES NOT GO UNNOTICED
Millionday: GREAT TO SEE EVERYONE --- HAVE A GREAT NITE -- YW ALL THE TIME
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