Regulatory Alerts2009-03-30
His Majesty King Abdullah II Chair for Securities Studies Instructions
The Jordan Securities Commission’s Board of Commissioners issued these instructions to establish and govern the His Majesty King Abdullah II Chair for Securities Studies within a designated university division. The directive mandates a Board of Directors comprising capital market and academic leaders to oversee teaching, applied research, and student financial support while managing independent accounts and annual budgets. It outlines strict financial controls, including a JD 30,000 expense approval threshold, mandatory internal and external audits, and standardized reporting procedures to ensure operational compliance.
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