Regulatory Alerts2026-08-31
Added
Regulatory Bylaw No. (14) for Licensing Training and Consulting Activities in Environmental, Social, and Corporate Governance
This Regulatory Bylaw No. (14) establishes a licensing framework for entities providing training and consulting services in Environmental, Social, and Corporate Governance (ESG) within Iraq, particularly for companies listed on the Iraq Stock Exchange. It mandates specific conditions for licensees, including a minimum of 3-5 years of relevant experience, legal registration in Iraq, and the submission of expert curricula vitae. The bylaw also sets initial and annual renewal fees for training licenses (1,000,000 IQD initial, 500,000 IQD annual) and consulting licenses (3,000,000 IQD initial, 1,500,000 IQD annual), and details grounds for license suspension or cancellation, allowing a 30-day period for rectification of violations.