Banking Studies and Regulations Department

An Overview

Banking Studies and Regulations Department started its business in 1999 (1378 Iranian Calendar). Prior to that time, it was a division in Banks Supervision Department.
The primary objective of this department is to design and formulate rules, regulations and frameworks which are necessary for exercising effective supervision on banking and credit Institutions; emphasizing risk–based surveillance. Also, in order to enhance quality of supervision on banks and credit institutions; the department is responsible for continuous survey regarding banking developments as well as international banking, supervisory standards and procedures across the world and contribution to customizing them.

Organizational Structure

According to the organizational structure, this department reports to director general for Banks and Credit Institutions supervision that in turn, is headed by Secretary General of the Central Bank of the Islamic Republic of Iran (CBI).
Banking Studies and Regulations Department is composed of the following studies groups (excluding administrative section):

  • Credit and Banking
  • Financial and Accounting
  • Free Zones
  • Licensing
  • Supervisory Procedures and Systems
  • Compliance

Major Functions

In pursuit of its primary objective, Banking Studies and Regulations Department shall perform the following duties:

  • Preparation and setting out drafts, by-laws, instructions and other regulations pertaining to banking supervision.
  • Continuous survey on international procedures and standards concerning banking supervision with a view to customizing them.
  • Conducting comparative surveys in the context of banking supervision procedures in Iran and other countries.
  • Continuous survey on banking developments worldwide in order to prepare and formulate regulations regarding banking new services and operations and proposing them to competent authorities for be approved.
  • Gathering of banking and credit laws, regulations, directives and circulars; issued by CBI in order to coordinate and making them up–to–date (if possible).
  • Preparation and setting of drafts and rules pertaining to the establishment of banks, credit institutions, Qard-al-Hasanah funds, money changing units (exchanges), representative offices of foreign banks in Iran and Free Trade-Industrial Zones of the country.
  • Preparation and setting out rules for establishment of branches and offices of banks, credit institutions and Qard-al-Hasanah funds.
  • Conducting required surveys, in order to propose unified accounting procedures pertaining to compliance of banks operations with internal/international accounting standards, procedures and guidelines.
  • Survey and state point of views on licensing.
  • Preparation and formulation of executing instructions for implementation of banking and credit policies.
  • Communicating of by-laws, instructions and circulars regarding banks and credit institutions, foreign banks representatives and other organizations subject to oversight of banks supervision.
  • Notifying new banking regulations and risk-based supervision.
  • Responding to banks and credit institutions and clarifying issued rules and regulations.
  • Conducting surveys in order to policymaking and banking supervision for free zones.

Other businesses

In compliance with latest developments in banking fields of the world, Banking Studies and Regulations Department is intended to develop and deepen new banking concepts in Iran.

In advancing this mission, this department has set many rules and regulations about different banking issues, including:

  • Large exposures regulation (by-law)
  • Capital adequacy regulation (by-law)
  • Capital base regulation (by-law)
  • Connected lending regulation (by-law)
  • Other regulations with a sense of prudence in them.

Also, in pursuit of this objective, this department has issued many publications in the form of articles or translations. Most of the translations were released by Basel Committee on Banking Supervision.
The following documents form some of the most important documents:


  • An introduction to securitization and acquaintanceship with its functions in Financial Markets.
  • Financial Intermediaries Structure in the U.S.A.
  • A summary of view of points and critiques about regulatory capital, proposed by Institute of International Finance (IIF).
  • An introduction to risk management in financial affairs of the companies.
  • Survey on Russia Interbank Market challenges in confronting of its economic depression.
  • An Introduction to Unit Investment Trusts.
  • Survey on supervisory procedures and prudential requirements of Interbank Market (England and U.S.A).
  •  … .


  • Core Principles for Effective Banking supervision, Basel Committee on Banking Supervision, September 1997.
  • Sound Practices for the Management and Supervision of Operational Risk, Basel Committee on Banking Supervision, February 2003.
  • Sound Practices for Managing Liquidity in Banking Organizations, Basel Committee on Banking Supervision, February 2000.
  • Best Practices for Credit Risk Disclosure, Basel Committee on Banking Supervision, September 2000.
  • Principles for the Management of Credit Risk, Basel Committee on Banking Supervision, September 2000.
  • Compliance Function in Banks, Basel Committee on Banking Supervision, October 2003.
  • Parallel – owned Banking Structures, Basel Committee on Banking Supervision, January 2003.
  • Consolidated KYC Risk Management, Basel Committee on Banking Supervision, October 2004.
  • Enhancing Corporate Governance for Banking Organizations, Basel Committee on Banking Supervision, September 1999.
  • Customer Due Diligence for Banks, Basel Committee on Banking Supervision, October 2001.
  • … .

It is worth mentioning that a copy of these documents are usually sent to banks of the country.

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