Regulatory Alerts2018-11-14
Added · Updated
Circular to Licensed Exchange Companies Regarding FATF High-Risk and Follow-Up Jurisdictions
The Central Bank of Jordan directs licensed exchange companies to apply enhanced due diligence measures in accordance with the Financial Action Task Force (FATF) standards and prevailing legislation. The circular identifies specific high-risk jurisdictions and countries under increased monitoring based on FATF public statements issued on October 19, 2018. Exchange companies are required to consult the official FATF lists published on the AMLU website to ensure compliance with international anti-money laundering and counter-terrorism financing requirements.