Regulatory Alerts2018-03-28
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Guidelines on Cloud Computing Technology
The Central Bank of Jordan issues guidelines regulating the use of cloud computing technology by banks, financial institutions, exchange companies, microfinance companies, and credit information companies. The document establishes governance frameworks, defines key terminology, and mandates risk management, data security, access control, and service level agreements for cloud service providers. It outlines specific obligations for entities to ensure secure, compliant, and resilient cloud adoption, including requirements for business continuity, change management, and data sovereignty.
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