Means of supporting troubled banks

 In recent years, the banking arena has witnessed many successive changes as a result of the rapid developments in the field of banking services and financial technology, and the increasing dependence of economic activities on them, which necessitated the need to modernize the legislative environment to keep pace with these changes in light of the economic reform policy pursued by countries. Therefore, banking legislation came in line with all the developments that have occurred in recent years and accommodated them, to be the basis for an advanced law that keeps pace with the times and keeps pace with global developments in order to achieve the safe flow of economic activities. It was natural for Egypt and Iraq to be affected by these developments, whether economic or social, and to work to develop their legislation in accordance with these events. Especially with regard to money market policy and supervision, and the role of banks or banks in this regard. The Iraqi Banking Act and the Egyptian Central Bank and Banking System Act regulate the process of supervising the implementation of monetary and credit policy, regulating the work of banks and the rules for supervising banks and banking activity.