Regulatory Alerts2016-11-07
Added · Updated
Circular Regarding Cybersecurity for Licensed Money Changers
The Central Bank of Jordan requires licensed money changers to implement technical measures and administrative arrangements to secure electronic transactions against hacking or unauthorized access. The directive mandates that these entities notify the Central Bank of any such security incidents and the remedial measures taken. This obligation applies to all licensed money changers under the Bank's jurisdiction.
In the Name of Allah, the Most Gracious, the Most Merciful
[Logo of the Central Bank of Jordan]
Reference No.: 3347/9/14 Date: 29/4/1433 AH Corresponding Date: 22/3/2012 AD
Circular to Licensed Money Changers Subject: Cybersecurity
Please take the necessary technical measures and administrative arrangements to ensure the safety and security of your electronic transactions to prevent any hacking or unauthorized access. We emphasize the necessity of notifying the Central Bank in the event of such occurrences and the measures taken in this regard, in accordance with due process.
Please accept our highest regards,
The Governor Dr. Ziad Fariz