Central Bank of Jordan CBJ
Who they are
Jordan's central bank, which began operations on 1 October 1964 and describes itself as having legal personality with financial and administrative independence.
What they do
Its law (Art. 4) sets objectives that include monetary stability and the supervision of banks. Its site lists supervision of banks, exchange companies, finance companies, electronic payment and transfer companies, credit information companies and insurance companies, and it runs a Fintech and Innovation section with a regulatory sandbox (JoRegBox). It also issues the instructions on virtual assets for the entities it supervises.
Key laws & regulations issued
- Guideline الإطار الناظم للمختبر التنظيمي للتكنولوجيا المالية والابتكار (Regulatory Sandbox Framework for Financial Technology and Innovation, JoRegBox) 2023
- Act قانون البنوك رقم 28 لسنة 2000 وتعديلاته (Banking Law No. 28 of 2000 and its amendments) 2000
- Act قانون البنك المركزي الأردني رقم 23 لسنة 1971 وتعديلاته (Central Bank of Jordan Law No. 23 of 1971 and its amendments) 1971
Latest news
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Related regulators
Others in Jordan supervising overlapping sectors.