Iraqi Securities Commission grants the first approval to a foreign brokerage firm to operate in the financial markets

Iraqi Securities Commission, headed by His Excellency Mr. Faisal Al-Himus, announced the issuance of an official approval to a foreign brokerage firm to commence operations in the securities markets, making it the first company to obtain such approval under the Authority’s newly adopted regulatory procedures.

The Authority confirmed that this step is part of its ongoing efforts to regulate and develop the Iraqi financial market environment and to enhance transparency and efficiency in line with international best practices, thereby supporting investment, stimulating trading activity, and attracting global expertise to the market.

It added that the approval was granted after the company fulfilled all technical and regulatory requirements, ensuring the integrity of procedures, protecting investors’ rights and raising the institutional performance level of brokerage firms operating in the market.

This approval represents an important indicator of the Authority’s direction toward opening new horizons for brokerage firms, particularly foreign ones, and encouraging the entry of new companies that contribute to the development of the Iraqi capital market and strengthen investor confidence. This aligns with one of the Authority’s core objectives of regulating protecting and developing the market.

Media and Government Communication Department
10 May 2026

https://www.facebook.com/profile.php?id=61586447527328