Regulatory Alerts2020-04-02
Added · Updated
Central Bank of Jordan Circular on STP and Parameter Codes
The Central Bank of Jordan issued Circular No. 1901/2019 to mandate the use of specific purpose codes and parameter definitions in transaction reporting by licensed financial entities. Financial institutions are required to implement these guidelines immediately to ensure accurate data entry and adherence to specified formats. Failure to comply with these standards may result in regulatory sanctions or other enforcement actions.
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