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Rule · CBJ · 3 Apr 2006

Circular Regarding the Appointment of Non-Jordanians No. 3435/2/10 dated 2006/4/3

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The Central Bank of Jordan mandates financial institutions to regularize the status of non-Jordanian employees, prohibits hiring non-Jordanians when local banking expertise is available, requires obtaining approval from relevant authorities before appointing any non-Jordanian staff, and obligates institutions to notify the Central Bank upon the termination of any non-Jordanian employee's services.

JordanCentral Bank of Jordan

FORM (1/01/01/1)

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

Central Bank of Jordan
CENTRAL BANK OF JORDAN

No.: 3435/2/10
Date: 4/1/1427 AH
Subject: 2/4/2006 AD

Greetings,

Further to our Circular No. (1140/10) dated 2/2/2006, regarding the employment of non-Jordanians at your institution, we emphasize the necessity of the following:

  1. Regularizing the status of non-Jordanian employees working at your institution.
  2. Refraining from appointing non-Jordanians when local banking expertise is available.
  3. Obtaining approval from other relevant authorities when appointing any non-Jordanian employee.
  4. Informing the Central Bank upon the termination of services of any non-Jordanian employee at the Bank.

Please accept our highest regards,

Governor
Dr. Amieh Touqan

P: 37 • Amman 11118 Jordan • Tel: 4630301 • Telegram: Central Bank / Amman • Fax: 4638889, 4639730, 4613308

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