Rule · CBJ · 7 Apr 2005
The Central Bank of Jordan notifies financial institutions that the Jordanian Depository for Securities is the competent authority for registering ownership of deposited securities, executing seizure orders, and handling ownership inquiries, effective January 1, 2005. This designation follows a directive from the Securities Commission dated March 30, 2005, requiring banks to recognize the Depository's exclusive role in these matters.
In the name of Allah, the Most Gracious, the Most Merciful
Form (10/1/11/01)
[Logo of the Central Bank of Jordan]
Number: 4132 / 2 / 10
Date: 27 / 2 / 1426 AH
Corresponding to: 7 / 4 / 2005 AD
Greetings,
We enclose herewith a copy of the Securities Commission's letter No. (1112/2/8) dated 30 / 3 / 2005, informing you that the Jordanian Depository for Securities is the competent authority for registering ownership entries on securities deposited with it as of 1 / 1 / 2005. Consequently, it is considered the competent authority for executing decisions related to placing seizure marks on securities deposited with it, as well as for requests to inquire about securities ownership. We request that you review and act in accordance with its contents.
Please accept our highest regards,
[Signature]
Governor
Dr. Amieh Tukan
P.O. Box 37 ● Amman 11118 Jordan ● Phone 9/4630301 ● Telex Central Bank / Amman ● Fax 21250, 21476, 21766 ● Fax 4638889, 4639730, 4613308
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