RegAlert2017-04-15
Added
Circular Regarding Insurance Agent Licensing Instructions and Regulations No. 10/2/9618 dated 17/8/2004
The Central Bank of Jordan requires prior approval before insurance agents apply to the Insurance Commission for a license to practice agency activities. This directive reinforces the licensing instructions No. 1 of 2004, mandating that agents secure the Central Bank's consent as a prerequisite for obtaining the necessary license from the Insurance Commission.
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In the name of Allah, the Most Gracious, the Most Merciful
Form (1/01/11)
Number: 9718 / 2/10
Date: 1/7/1435 AH
Corresponding to: 16/2/2004 AD
Attached herewith is a copy of the "Instructions for Licensing Insurance Agents, Regulating Their Activities and Responsibilities and Their Amendments" No. (1) for the year 2004, emphasizing the necessity of obtaining prior approval from the Central Bank before approaching the Insurance Commission to obtain the necessary license in case of wishing to practice agency activities.
Governor
Dr. Amena Touqan
P.O. Box 37 • Amman 11118 Jordan • Phone 9/4630301 • Bankmail Central Bank / Amman • Telex 21250, 21476, 21766 • Fax 4638889, 4639730
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Source: Central Bank of Jordan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works