Circular Regarding Combating Money Laundering and Terrorist Financing No. 15251/1/10 dated 2014/12/21

In the name of Allah, the Most Gracious, the Most Merciful

[Logo of the Central Bank of Jordan]

Number: 1/10/15251
Date: 28/5/1436 AH
Corresponding to: 21/3/2014 AD

Circular to Banks Operating in the Kingdom

Greetings,

In light of the Central Bank's commitment to the soundness of the situation of banks operating in the Kingdom and to limit the risks that may arise from non-compliance with the prevailing legislation, directives, and sanctions lists issued by countries where transactions are executed by banks within their legal jurisdiction, which may result in legal and reputational risks negatively affecting the bank's soundness and its continuity in carrying out the banking activities necessary for its operation, and in harmony with the guidelines attached to the Anti-Money Laundering and Counter-Terrorist Financing Instructions No. (51/2010) dated 23/11/2010, we emphasize the necessity of taking the aforementioned risks into consideration when executing any transactions through banks located in other countries. This is to be done by observing the legislation and directives and referring to the sanctions lists issued by those countries.

Please accept our highest respect,

Governor
Dr. Ziad Fries

(Form 1/10/11)