Rules and regulations

- Securities Market Act of the Islamic Republic of Iran (approved by parliament

on 2005)

- The Anti-Money Laundering Act (approved by parliament on 2008)

- Executive By-Law of the Anti-Money Laundering Act (approved by board of

ministers on 2009)

- The Regulations on the Surveillance of the Suspected Persons in the Capital

Market (approved by anti-money laundering unit on 2011)

- The Regulations on the Retention and Destruction of Documents in the Capital

Market Concerning Money Laundering Combat (Anti-Money Laundering

Supreme Council on 2011)

- The Regulations Governing the Procedure of Sending Capital Market-Related

Records to the Customer’s Mailing/Postal Address (Anti-Money Laundering

Supreme Council on 2011)

- The law for fifth development plan (approved by parliament on 2011)

- Disciplinary Regulations Governing Non-Brokerage Financial Institutions

(approved by Board of directors of the Securities and Exchange Organization

on 2013 )

- The Law for Development of New Financial Instruments and Institutions

(approved by parliament on 2009)

- The rules governing the operations of investment bank (Approved by the

Securities and Exchange High Council on 2007)

- Regulations on the Record-Keeping and Reporting Requirements of

Information and Documents by the Regulated Persons/Entities (approved by

Board of directors of the Securities and Exchange Organization on 2005)

- The Regulations Governing the Establishment and Activity of the Investment Advisor

- The Regulations Governing the Establishment and Activity of the portfolio manager

- The Regulations Governing the Requirements for the Capital Adequacy of Financial Institutions

The Regulations Governing the Establishment and Activity of the Financial Data Processing company

- Approved sample of articles by SEO

- Furthermore, financial service providers shall comply with SEO issued

circulars. SEO has issued 1 circulars for financial service providers since the

beginning of 2012 and there has been issued more 6 circulars for all the

financial institutions including financial service providers