Jordan Securities Commission Proposes Draft Project of the Instructions of Central Risks System
26-Dec-2012
Jordan Securities Commission (JSC) recently prepared the Draft Project of the “Instructions of Central Risks System”, to regulate & to develop Jordan capital market & to assist Financial Brokerage Companies (FBC) to decide on to finance their clients.
The Central Risk System is an electronic system that enables (FBC) to inquire & to view their clients Information of Central Risks by their legal authorization, total accounts receivables granted to clients at (FBC) operating in Amman Stock Exchange (ASE) & the value of guarantees provided in return of these accounts receivables.
The (JSC) proposes this Draft Project to all concerned parties in Jordan capital market including brokers, investors & others, to state their opinions on the suggested “Instructions” within two weeks from the date of being disseminated. The Commission wishes to be acquainted with their opinions & suggestions to benefit from these prior to being finalized.
The attached “Instructions” are merely a “Draft Project” that may be altered & amended as deemed proper for public interest, nor is any part of it is final yet.
To view the “Draft Project of the Instructions”, kindly click here.
Kindly send your views & opinions to the following addresses:
Email: info@jsc.gov.jo.
Fax: 5682615.