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Podcast: My FX Buddies
Episode: Reform or Risk Sanctions: Iraq’s Banks Enter a Decisive Phase
Description: Iraq’s banking sector has entered a decisive phase.link to My FX Buddies BlogThe Central Bank of Iraq, working with international consultants, has set the end of September as the deadline for private banks to sign off on a revised banking reform paper — a move designed to finally shift reform from talk to action.Support My FX Buddies:https://cash.app/$tishwash.... https://paypal.me/tishwash....Get a FREE transcript at:https://rss.com/podcasts/myfxbuddies...In this episode, we’ll break down:Why the Central Bank’s reform paper matters for Iraq’s financial stabilityThe major amendments — extended capital requirements, ownership restructuring, and dropping the foreign partner ruleHow these changes aim to rebuild trust, attract investors, and avoid internationa...