Circular No. 10/1/13945 Regarding External Auditors

In the name of Allah, the Most Gracious, the Most Merciful

13945
Number: 10/1/
Date: 27/11/1436 AH
Corresponding to: 20/8/2014 AD

Circular to Licensed Banks

Greetings,

Subsequent to our Circular No. (10/1/11141) dated 12/11/2007 and its attached financial data forms, and in light of repeated references by several external auditors stating that they did not review and/or audit the separate financial statements of the Jordan branch, and therefore are not responsible for those statements, I hereby emphasize the necessity of taking the appropriate measures regarding the relationship between the bank and its external auditor. This must include ensuring that the scope of tasks assigned to the auditor involves the review/audit of the Jordan branch's data, thereby ensuring full compliance with the requirements of our aforementioned circular, including the conformity of the data with International Financial Reporting Standards requirements in particular.

Please accept our highest respect,

• The Governor
  Dr. Ziad Fariz

Copy: Auditors / Messrs. Deloitte & Touche (Middle East) - Jordan, Respected P.O. Box (248) Amman (11118) Jordan

Copy: Auditors / Messrs. Ernst & Young, Respected P.O. Box (1140) Amman (11118) Jordan

Copy: Auditors / Messrs. Ibrahim Al-Abbasi & Partners, Respected P.O. Box (250111) Amman (11190) Jordan

Copy: Auditors / Messrs. Al-Qawasmi & Partners (KPMG), Respected P.O. Box (930071) Amman (11193) Jordan

Copy: Auditors / Messrs. PricewaterhouseCoopers (Jordan), Respected P.O. Box (5175) Amman (11183) Jordan

Website: www.cbj.gov.jo • E-mail: info@cbj.gov.jo • Fax: 9883646, 9883647, 9883648 • Phone: 103.3.64 • P.O. Box: 27 Amman 11118 Jordan (10/1/11) Indexing