Regulatory Alerts2016-11-08
Added · Updated
Circular to Licensed Exchange Companies: Price Board
The Central Bank of Jordan mandates that licensed exchange companies display a board showing foreign currency buy and sell prices in a prominent and clearly visible location at their headquarters and branches. This requirement is issued under Article 5(b) of the Exchange Business Instructions and is enforced under the threat of legal penalties.
In the name of Allah, the Most Gracious, the Most Merciful
[Logo of the Central Bank of Jordan]
Number: 9/2/5805 Date: 7/7/1433 AH Corresponding to: 27/5/2012 AD
Circular to Licensed Exchange Companies
Subject: Price Board
Greetings,
Based on the provisions of Article 5(b) of the Exchange Business Instructions issued pursuant to the Exchange Business Law No. (26) of 1992, I emphasize the necessity to comply with displaying a board bearing the buy and sell prices of foreign currencies in a prominent and clearly visible place at the company's center and its branches, under the threat of legal penalties.
Please accept the highest assurances of respect,
The Governor Dr. Ziad Fariz