The college of law at the University of Baghdad discussed the doctoral dissertation in the private law of the student (Abdullah Abdul Sada Gouda), entitled with (the legal system for acquiring qualified tenure in banks), on Wednesday, 2024/01/17 at the conference hall at the college.
The dissertation aims to show the extent to which the term contained in the banking law is related to other laws such as the competition and antitrust law and the laws regulating the securities market, highlighting the subject and revealing the ambiguity in the relevant texts regulating it in the Iraqi Banking Law No. 94 of 2004 compared to other legislation.
The dissertation included three chapters, the first of which dealt with the nature of the acquisition of qualified possession, the second chapter dealt with the substantive framework for the acquisition of qualified possession, while the third chapter dealt with the procedural framework for the acquisition of qualified possession .
The dissertation came up with several recommendations, the most important of which is the need to issue a special system that regulates the provisions of qualified possession in detail to be a legal reference that allows the Central Bank of Iraq to refer to it when considering applications for acquisition of possession, including a provision in the law that prevents the management of any bank to complete any process of acquisition of qualified possession or what leads to an increase in the limits (10%, 30% or 50% ) in cases where the contract is concluded in the contract council (banks).
