RegAlertRule · CBJ · 26 Nov 2015
Circular No. 14633/6/10 Regarding Credit Information Company CREF-Jordan
The Central Bank of Jordan granted preliminary approval to CREF-Jordan to operate as a credit information company under Credit Information Law No. 15 of 2010. The Bank directed banks operating in the Kingdom to take necessary measures to ensure their readiness to provide required credit information to CREF-Jordan for their clients. This obligation is effective starting from the end of 2015.
In the Name of Allah, the Most Gracious, the Most Merciful
[Logo of the Central Bank of Jordan]
Number: 14633/6/10
Date: 14/9/1437 AH
Corresponding to: 26/11/2015 AD
Circular to Banks Operating in the Kingdom
Greetings,
With reference to Credit Information Law No. (15) of 2010 and the regulations issued pursuant thereto, "CREF-Jordan" has been granted preliminary approval to operate as a credit information company in the Hashemite Kingdom of Jordan. The company is currently in the process of obtaining the necessary license in accordance with the aforementioned legal references. Given the active role of this company in rationalizing credit decisions, enhancing risk management among credit providers, and improving the business environment in the Kingdom, we request that you instruct the relevant parties to take the necessary measures to ensure your institution's readiness to provide the company with the required credit information regarding your clients, effective from the end of this year.
Please accept our highest respect.
Governor
Dr. Ziad Fries
P.O. Box 27, Amman 11118, Jordan • Tel: 4630301 • Fax: 4638889, 4639730, 4639731 • E-mail: info@cbj.gov.jo • Website: www.cbj.gov.jo (Form 10/10/11)
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Lineage: No known changes
RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.
The links and the sentences they come from (1)
- Issued under
- Credit Information Law No. (15) of 2010Not in RegAlert
“With reference to Credit Information Law No. (15) of 2010 and the regulations issued pursuant thereto”
Mentions (2): 2 documents mention this one without changing it
- Referred to by
“With reference to our Circular No. (6/10/14633) dated 2015/11/26”
“Further to our Circular No. (10/6/14633) dated 26/11/2015”
Similar documents from other regulators
NBEEstablishment and Operation of Credit Reference Bureau Directives No. CRB/02/2019Ethiopia · 2023-04-25
CBKBanking Circular No 3 of 2010 - Roll Out of Credit Information Sharing Under the Banking ActKenya · 2010-07-13
CBKLaw No. 9 of 2019 Regulating the Exchange of Credit InformationKuwait · 2022-01-03
SAMASharing Credit Information With Bayan Credit BureauSaudi Arabia · 2020-06-03
BCBCircular No. 3310 — Establishes procedures for the monthly transmission of client information under the Central Credit Risk System (CRC) and the Central Bank Credit Information System (SCR)Brazil · 2006-01-11
More like this from CBJ
CBJ published 3 documents in the last 30 days. We email you each new one the day it's published.
Source: Central Bank of Jordan — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added · updated