2009-01-01
The Central Bank of Jordan issued Circular Book No. (50) of 2009 to establish general provisions and standardized definitions for all licensed banking institutions. The circular exercises regulatory authority under Article 340 of the 1968 Central Bank Law and Articles 43 and 44 of the 1992 Executive Regulations, while consolidating and referencing prior directives from 1992, 1993, 2007, and 2008. It mandates strict compliance with updated operational standards and terminology across the Jordanian banking sector.