Regulatory Alerts2020-06-28
Added · Updated
Central Bank of Jordan Circular on Inherent Risks and Self-Assessment for NGOs and NPOs
The Central Bank of Jordan mandates that Non-Governmental Organizations (NGOs) and Non-Profit Organizations (NPOs) conduct self-assessments to identify inherent risks related to financial crimes. This directive requires these entities to implement specific measures to mitigate identified risks, ensuring compliance with anti-money laundering and counter-terrorist financing regulations. The circular establishes a framework for ongoing risk evaluation and reporting to the regulator.
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