Abu Haltam Outlines Future Perspective for Capital Market Development and Jordan Securities Commission’s Vision at a Workshop Organized by the Association of Banks in Jordan
13-Jan-2026
Chairman of the Jordan Securities Commission (JSC), Emad Abu Haltam, outlined the Commission’s future perspective and strategic vision, aligning with the Economic Modernization Vision Timeframe for the Years 2026 - 2029. This vision includes three main pillars: Developing the Local Capital Market and Enhancing its Competitiveness, Regulating the Dealing at Virtual Assets and Regulating the Dealing at Foreign Stock Exchanges.
Abu Haltem stated such remarks during a joint workshop with the Association of Banks in Jordan held in the later headquarter: “Investing in Digital Transformation”. The workshop was attended by the Director General of the Association of Banks in Jordan, Dr. Maher Al-Mahrouq, Commissioner and Secretary General of the JSC, Eng. Alaa Al-Din Al Zoubi, Commissioner Elias Ayoub Zoreikat, several directors of departments and directorates at the JSC as well as CEO of the Amman Stock Exchange Company (ASE) and representatives from the Central Bank of Jordan (CBJ) and the Banking Sector.
The Chairman reviewed recent regulatory and legislative developments as well as, future investment opportunities in the capital market amidst rapid digital transformations, aligning with the government’s strategy, particularly the joint Stimulus Program for the Economic Modernization Vision. Concerning the second pillar, he indicated that applications to launch Investment Funds are currently under review, having government incentives of a zero-rate income tax; a key driver for the launch of such funds.
Abu Haltam highlighted recent legislative developments taken by the Board of Commissioners of the JSC, including Amendments to the Instructions of Financial Adequacy and Capital Adequacy and introducing a “Restricted Trading” Mechanism in cooperation with the ASE Company. Such mechanism allows companies to trade Over-the-Counter Market at the stock exchange within a restricted timeframe; least price range. As well as, Amendments to the Regulation of Commissions and Services Fees of the JSC and Amendments to Listing Fees to ensure sustainability of the ASE Company.
As for trading on foreign stock exchanges, he explained that to regulate this sector, a gradual strategy was adopted; start licensing of financial services companies licensed to deal at foreign stock exchanges to obtain additional licenses, excluding Introducing Broker. Furthermore, guarantees for foreign stock exchanges have increased to 100% for investment management risks.
While the third pillar, dealing at Virtual Assets; he reviewed the legislative progress made, including the issuance of Regulating the Dealing at Virtual Assets Law No. (14) for the Year 2025 and the Regulation No. (94) for the Year 2025 - The Regulation of Licensing Virtual Assets Services Providers issued on December 16.2026. He stressed that upon being enforced, applications for initial approval have started for four key licenses: Brokerage, Trading Platform Operators, Product Offerings and Issuances, and Custody of these currencies and assets against theft and hacking. The future role of banks in this area was also clarified and discussed.
The Director General of the Association of Banks, Dr. Maher Al-Mahrouq, inaugurated the workshop with a speech reviewing prominent regulatory developments occurred in the Financial, Banking and Securities Sectors, the connection among us and partnership opportunities in digital transformation, in particular the start of regulating the dealing at virtual assets.