Regulatory Alerts2021-03-29
Added · Updated
Central Bank of Jordan Circular on Stress Testing Requirements for Banks Based on 2020 Data
The Central Bank of Jordan requires banks operating in the Kingdom to perform specific sensitivity and scenario stress tests using data as of December 31, 2020. Banks must submit results for coronavirus pandemic impacts, credit concentration, market, liquidity, and operational risks, along with macroeconomic scenarios, by the end of April 2021. Sensitivity tests apply to both Jordanian branches and consolidated statements, while scenario tests apply only to branches.
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