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Monday, August 31, 2015

Millionday News 8-30-15  Part 1 of 2

Millionday News 8/30/15  Part 1 of 2

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: FIRST LET ME SAY>>>

Millionday: I WAS LOOKING FOR CHANGES ON CBI AND FOUND SOME CHANGES IN LAW AND NEW INFO I AM GOING TO SHARE WITH YOU

Millionday: FIRST WHILE THINGS LOAD WE HAVE THIS >>>>The new website of the Iraqi Legal Database (Www.iraqld.com)

(The domain iraqld.com may be for sale. Click here to make an offer or call 877-588-1085 to speak with one of our domain experts.)  ???

Millionday: SAVE IT
~~~
Millionday: HERE IS ANOTHER OF THE MANY >>>> (Announcement) of the Central Bank of Iraq will extend the sales in nominal bond futures delivery in the currency of the US dollar (bearer) on behalf of the Ministry of Finance to be one of 2015/9/1 and up to 2015/9/30

Millionday: SO THE BONDS ARE GOING TO SELL WITH THE DOLLAR BACKING ONLY UNTIL SEPTEMBER 30TH --

Millionday: SYSTEM ADDED AND PREPARED FOR FUTURE >>>

(Electronic payment of funds services system)

Millionday: NOTE -- THIS IS ALL PREPARATION THINGS FOR REFORMS

Millionday: NOTE -- THIS IS ALSO GOING TO BE AVAILABLE AND FOR REFORMS >>>Established in the Centre for Banking Studies courses (2014/2013/2015)

Millionday: REMEMBER THEY ARE PLANNING TO HAVE MANY TRAINED FOR THE UPCOMING CHANGES IN EDUCATION AS WE SAW LAST NIGHT AND ALSO FOR BANKING EXPERTISE -- THIS WILL BE DONE BY PROFESSORS AND SPECIALISTS

Millionday: NOTICE IN PROGRESS

Millionday: s)

Establish a project to ensure the company bank deposits.

Controls the issuance of letters of guarantee.

Help the establishment of branches of Arab and foreign banks and their capital.

Help loan guarantee companies.

Islamic banking instructions (in the final stages of completion).

Islamic law instruments.

Millionday: OBVIOUSLY FOR REFORMS AND LAWS WE HAVE READ ABOUT BUT ARE NOW LISTED ON CBI AS IN PROGRESS -- WHOOPOW

Millionday: Help organize the work of companies to broker the sale and purchase of foreign currency No. (8) for the year (2015)

According to the provisions of subsection (3) of Article (4) of the Iraqi Central Bank Law No. (56) for the year (2004) the rate and the decision of the Board of the Central Bank of Iraq manage the session number (1500), held in 2013/6/10 we issued the following instructions:

Millionday: NOTE -- THE SALE OF FOREIGN CURRENCY IN 2015

Millionday: AND PURCHASE -- SO OBVIOUSLY PRICES WILL BE NEEDED

Millionday: NOTE -- THIS TOO IS FOR BANKING REFORM AND THE DEVELOPMENT WE HAVE READ ABOUT >>>>

Licensing

Iraqi Central Bank receives license applications by Arab foreign banks to conduct business in Iraq in accordance with the provisions of the Banking Act.

Help organize companies and the granting of licenses and the list of licensed exchange companies

Help regulate money transfer companies and financial investment and exchange companies and accounts inactive and abandoned property and licensing of local and foreign banks and the license to open a representative office of a foreign bank and a list of licensed exchange companies

Help Islamic banking ...... (Amendment)

Help private Islamic banks and conventional banks that want to open an Islamic window by a decision of the Board of the Central Bank of Iraq Islamic banking department.

Millionday: SO THIS PART IS ALL REGULATIONS FOR THE REMITTANCE SYSTEM AND LICENSING -- WHOOPOW

Millionday: HUGE PROGRESS AND PREPARATION IS OBVIOUS

Millionday: Proposals to amend the Central Bank No. Law (56) for the year (2004) and Law No. banks (94) for the year (2004) and the law of money laundering and terrorism financing No. (93) for the year (2004) provided by the directorates and departments of the Central Bank of Iraq and the banks licensed in Iraq>>>>>> http://ift.tt/1NSjpwr

http://ift.tt/1KX5Ypz

Millionday: NEW MONITARY POLICY >>> http://ift.tt/1NSjpMI

http://ift.tt/1NSjpMI

(Does not translate without free trial)

Millionday: END OF CBI INFO AND OBVIOUSLY HUGE PROGRESS

Millionday: WORKING ON SOME TRANSLATIONS OBVIOUSLY BUT LOTS OF CHANGE HAS OCCURRED

itsaboutjesus (IAJ): I just opened their monetary policy PDF doc .... they are SOoooooo CHEAP !! A legal and public doc, and they generated the PDF doc with a "trial" version of PDF doc

--- pay for it !! It's like $20, that's it !!

itsaboutjesus (IAJ): "trial" = free

itsaboutjesus (IAJ): it's printed on the doc

Millionday: LOL

Millionday: MANY THINGS ARE PLACES THAT ALL INFO WILL BE RELEASED UPON CHANGES

Millionday: FOR EXAMPLE >>> Currency major daily prices bulletin (2011/2012/2013/2014/2015)

Millionday: WITH NO PRICES LISTED IT IS OBVIOUSLY COMING TO A MALL NEAR YOU

Millionday: LOL

Pablo: Have you heard anything more from last night about this new guy in the CBI? And now that all these reforms are started, how long till they are finished, Sept 29?

Millionday: THE NEW GUY IS THE PROXY ALAK WHO IS NOW FORMALLY APPOINTED INTERNATIONALLY FOR THE CENTRAL BANK FORUM IN TWO WEEKS ABOUT IRAQS NEW BANKING POLICIES AND SERVICES ETC

Doodle Brain: Back to the bonds..."some" are suggesting that the extension is because they didn't get the job done in selling enough bonds. Your feeling? 

Secondly, all these banking changes/education.

Is this why they are having the meeting in Beirut on the 15th re: Lebanese Banking in Iraq? 

Lastly, comment...re: the Legal Database Website, I couldn't get to it using .com so I tried .iq. Perhaps that is the address?
Millionday: THEY WILL BE USING THE NEW ADDRESS FOR INTERNATIONAL BANKING RESOURCES IS HOW IT APPEARS TO ME AS IT IS A NEW ADDITION THAT HAS NOT BEEN AVAILABLE INTERNATIONALLY YET ---

 THE BOND EXTENSION IMO WOULD BE TO REACH THE GOAL THEY HAD SET ---

THE FORUM IN BEIRUT IS FOR INTERNATIONAL BANKING PROCESS AND ABILITIES/OPPORTUNITIES IN IRAQ FOR INTERNATIONAL BANKING/INVESTORS WE HAVE BEEN READING ABOUT -- NOT JUST LEBANON

itsaboutjesus (IAJ) Millionday: Old question .... 2 days ago you said that you found the "rate goal", and you said you'd bring it, then you said you can't copy the ink. Can you still do that? And, if you can't copy the ink, can you "disclose" the "rate goal" that you read in your own words? 

Millionday: I WOULD LOVE TO HAVE BROUGHT IT BUT WAS DENIED ACCESS WHEN I TRIED TO GET IT AND BRING IT IN -- IT SAID ACCESS DENIED -- SO I WASNT GOING TO GO ANY FURTHER

Tiger: Is it true Iraq had an international bond sale about 10 years ago ? If they did what prevents them from selling bonds today at the current level of the IQD ?

Millionday: THEY ARE SELLING BONDS WITH THE DOLLAR THEY GET FROM OIL SALES BUT THE ECONOMIC SITUATION WOULD NOT Allow the sale of dinar bonds imo due to the huge loss of currency and the process they have announced FOR ECONOMIC REFORM AND MONETARY POLICY

angus: Does this mean they will not rv until they are done with the bond sales in the us dollar?

Millionday: NO THE US DOLLAR WILL BE IN COUNTRY FOR OIL SALES INDEFINATELY SO IT REALLY GIVES NO INDICATION OF ANYTHING BUT JUST A TIMELINE OF THE SALE OF THE BONDS AT THIS POINT -- NO ADDITIONAL INFO HAS BEEN RELEASED CONCERNING THEM

Comments may be made at the end of part 2  Thank You



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