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Jordan Tightens Banking Regulations to Ensure Stability and Transparency

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Amman, Jordan - The Central Bank of Jordan has announced a series of measures aimed at strengthening banking regulations in the country. These efforts are designed to ensure stability, transparency, and soundness in the financial sector.

Key Measures


  • Liquidity Management: The bank will introduce guidelines for Islamic banks to provide liquidity from the Central Bank, promoting the growth of Islamic banking in Jordan.
  • Corporate Governance: The bank has issued instructions for corporate governance in banks, aiming to promote good governance practices and ensure responsible management.
  • Risk Management: Regulations covering various aspects of banking operations, including risk management, will be enforced.

New Guidelines


  • Licensing Money Exchange Companies: The Central Bank has introduced guidelines for licensing money exchange companies, ensuring that these entities operate safely and soundly.
  • Open Finance Services: The bank has regulations in place to govern open finance services, promoting transparency and fairness in the financial system.
  • Dealing in Major Foreign Currencies and Precious Metals: Guidelines have been issued for dealing in major foreign currencies and precious metals on a margin basis, benefiting customers.

Efforts to Strengthen Banking Sector


The new regulations are part of the Central Bank’s efforts to strengthen the banking sector and promote economic stability in Jordan. These measures aim to enhance transparency, accountability, and soundness in the financial system, protecting the interests of depositors, shareholders, and other stakeholders.

Stakeholder Feedback


The Central Bank has invited comments from stakeholders on the proposed regulations and will consider these comments before implementing the new rules.