Regulatory Alerts2017-10-17
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 for licensed exchange companies to open transaction lines in foreign currencies and precious metals with external parties until April 17, 2018, or until the issuance of systems and regulations under the Exchange Business Law, whichever is earlier. This extension aligns with the Board of Directors' decision to extend the compliance period for Article 31 of the Exchange Business Law No. 44 of 2015 until April 18, 2018. The approvals remain subject to the same conditions as previously granted.
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