Regulatory Alerts2017-01-01
Securities Law No. 18 of 2017
The Jordanian Council of Ministers enacted this legislation to establish a comprehensive regulatory framework for the capital market, defining securities and key participants while mandating licensing and full disclosure for issuers and financial services companies. The law creates an autonomous Securities Commission empowered to regulate market operations, set financial adequacy standards, and conduct investigations into compliance violations. Furthermore, it grants the Commission broad enforcement authorities to suspend or cancel licenses, impose temporary orders, and publicize violations to safeguard investor interests and ensure market transparency.
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