Regulatory Alerts2020-06-28
Added · Updated
Central Bank of Jordan Risk Mitigations and Risk Management Framework
The Central Bank of Jordan mandates that financial institutions implement robust risk mitigation strategies to address inherent risks. Institutions must systematically identify inherent risks, conduct thorough assessments of their likelihood and impact, and develop effective mitigation strategies to reduce risks to an acceptable level. Additionally, continuous monitoring of risk levels and regular reporting to the Central Bank of Jordan are mandatory requirements.
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