Regulatory Alerts2021-04-21
Added · Updated
Circular to Licensed Exchange Companies Regarding Extension of Approval for Foreign Currency and Precious Metal Lines
The Central Bank of Jordan extends the validity of approvals granted to licensed exchange companies to open transaction lines in foreign currencies and precious metals with external parties until 17/10/2021 or until the issuance of new systems and instructions under the Exchange Business Law, whichever is earlier. This extension applies to approvals expiring on 17/4/2021 and maintains the condition that companies must observe Articles 20/d and 48/j of the Electronic Payment and Money Transfer System No. 111 of 2017 and Article 15/b of the Instructions for Approving Electronic Payment Systems No. 2020/3.
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