Regulatory Alerts2026-07-14
Added · Updated
AML/CFT Instructions for Licensed Banks
The Central Bank of Jordan issues these instructions to regulate anti-money laundering and counter-terrorist financing compliance for licensed banks, their branches, and subsidiaries. The document mandates a risk-based approach requiring annual risk assessments, customer classification, and enhanced due diligence for high-risk entities, including politically exposed persons and shell banks. It establishes specific obligations for verifying beneficial ownership, reporting suspicious transactions, and managing wire transfers, with a threshold of 10,000 Jordanian Dinars triggering due diligence for occasional customers.