Regulatory Alerts2020-02-06
Added · Updated
Circular on Reporting Requirements for Bank-Owned Real Estate under Instruction No. 2/2000
The Central Bank of Jordan requires all licensed banks to report data regarding real estate owned for business management or employee housing pursuant to Instruction No. 2/2000. This reporting obligation is triggered solely upon the acquisition of such real estate, replacing the previous requirement for monthly submissions. Banks must cease monthly reporting unless there is a change in the data specified in the referenced instruction.
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