Iran Flag
09Apr 2019

Market News – Reuters have that Indian oil refineries are now putting a halt on any Iran oil purchases for at least a month waiting to get the green light from the US on an extended sanctions waiver. As the deadline of US exemptions for 8 countries on their Iran oil purchases closing in, now the second […]

03Mar 2019

Market News – Iranian parliament votes for rationing of essential goods in the new year coming as sanctions pressures hit new levels. After failing of preferred FX dedication policy on controlling the price levels, now senators obliged the administration to go back 30 years and re-establish the rationing schemes for scarce and essential needs of Iran economy. […]

23Feb 2019

Market News – In its latest meeting held last Thursday, the Financial Action Task Force decided to grant Iran another grace period of 4 months to amend its financial structure with regards to the committee global standards and join CFT convention. Stressing that this would be the last chance for Iran, the council praised Iran’s actions so […]

19Feb 2019

Market News – Unconfirmed sources have that it is highly possible for FATF to leave Iran another 4 months joining the CFT convention and implement anti-money laundering and anti-terrorism financing amendments accordingly. The task force meeting held just the other day was apparently positive on Iran actions that are taken so far, however, they have serious warnings this time on […]

17Feb 2019

Market News – After the previous shortlist announced by the US exempting 8 countries from sanctions on Iran Oil Exports, now experts believe that this figure could be reduced for the next time as the closing date approaches. Speculations have that only 4 nations including China, India, Turkey and South Korea may be exempted from buying Iranian oil as […]

13Feb 2019

Market News – After the ratification of the first official regulatory framework for crypto-currencies by the Central Bank of Iran, now Iran Fara Bourse is ready to perform the first asset-backed ITO (initial token offering) in a regulatory sandbox which redeems any need for a change in rules of law. Asset-backed ICOs will be under the supervision of SEO since it […]

10Feb 2019

Market News – Iranian parliament’s research centre proposed a plan to tax banking deposits interest income for the coming year. According to the proposed plan, a 25% income tax shall be imposed on the Iranian Banks interest payments to depositor which is expected to make a revenue line of minimum IRR 100,000 bn (USD 833.33 mn […]

03Feb 2019

Market News – After the official inauguration of Europ Union’s Iran related SPV (INSTEX) there were rumours that EU members obliged Iran to join the CFT convention in order for the vehicle to be pragmatic. A thorough read of EU statements show that Iran is only expected to adhere to JCPoA clauses, however, the E3 expect Iran to swiftly implement all elements of […]

02Feb 2019

Market News – On Friday and after a long period of delay, EU members officially announced the inauguration of their Iran related SPV, named INSTEX. Foreign ministers of UK, France and Germany noted that the INSTEX is to engage in trades of humanitarian goods at first yet it will grow into sanctioned trades after a while.It […]

30Jan 2019

Market News –  After EU reneged on the announcement of the official inauguration of Iran related SPV due to an apparent disagreement between Italy and Spain, now the German foreign affairs minister told the press (by unconfirmed sources) this structure will only cover trades of goods that are not sanctioned by the united states. This is, if true, […]