Regulatory Alerts2006-03-30
Added · Updated
Central Bank of Jordan Instructions on Business Continuity Plans for Banks
The Central Bank of Jordan mandates that all banks develop business continuity plans compliant with specific high-level principles. These plans must include a business impact analysis, risk assessment, and development stages, while requiring annual testing and independent internal review. The Board of Directors and senior management are responsible for allocating resources, endorsing the plans annually, and ensuring staff training.
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