Regulatory Alerts2009-01-01
Circular Book No. (48) for the Year 2009
The Central Bank of Jordan issued Circular Book No. (48) of 2009 to establish standardized definitions and foundational regulatory provisions for banking supervision. The document mandates compliance from all domestic banks, grants the Central Bank explicit authority to waive, amend, or exempt institutions from specific requirements, and outlines enforcement mechanisms including official gazette publication and supplementary implementation instructions. It serves as the primary regulatory framework to ensure banking system safety, stability, and consistent supervisory practices across all licensed entities.
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