Regulatory Alerts2026-02-04
Added · Updated
Presence Instructions for Financing Companies No. (3 / 2026)
The Central Bank of Jordan issues Presence Instructions for Financing Companies No. (3 / 2026), which regulate the establishment, operation, closure, and relocation of domestic and foreign branches and marketing sites. The document mandates Board of Directors approval for opening, closing, or relocating branches, requires written applications with feasibility studies for new domestic branches, and sets specific timelines for commencing operations within one year of approval. It also establishes distinct requirements for mobile branches, such as minimum staffing and security arrangements, and imposes a one-year deadline for existing marketing offices to regularize their status as branches or marketing sites.
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