Regulatory Alerts2018-03-28
Added · Updated
Guidelines on the Use of Cloud Computing Technology
The Central Bank of Jordan issues guidelines regulating the use of cloud computing technology by licensed banks, financial institutions, exchange companies, microfinance companies, and credit information companies. The document mandates specific governance structures, risk management frameworks, data security controls, and contractual requirements to ensure safe and effective adoption of cloud services. It defines key terms, cloud models, and outlines obligations for cloud consumers regarding vendor due diligence, service level agreements, and business continuity planning.
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