The Iraq Securities Commission said on September 1 that it had approved moving the shares of 10 companies on the Iraq Stock Exchange to the platform for non-disclosing companies. The list included six banks and four firms in tourism, hotels and animal production.

The commission said the action followed approved procedures and was intended to organize trading and reinforce compliance with the exchange’s financial-disclosure requirements. The announcement does not say the companies were removed from trading; it describes a change in the platform on which their shares trade. It does not specify an effective date for the transfers or conditions for any future reclassification.