Towards Legislative Reform of Exchange Companies - A Study of Egyptian and Iraqi Legislation

Abstract

Both Egyptian and Iraqi legislators have regulated the profession of money exchange and foreign exchange dealings, but there are some shortcomings in the legal rules regulating this profession in both Egyptian and Iraqi legislation. Therefore, it is necessary to address the obvious shortcomings and deficiencies in the rules regulating the money exchange profession in order to preserve the national economy of the country and address the legislative shortcomings related to the controls regulating its work and hold it accountable in the event of its breach of its obligations imposed on it by law or agreement. Hence, this study came under the title (Towards a legislative reform for money exchange companies) A ​​study of Egyptian and Iraqi legislation.