Jordan Securities Commission Signs an MOU with the Company Control Department
15-Dec-2010
On Tuesday, December 14th 2010 an MOU was signed at the headquarters of Jordan Securities Commission (JSC). The MOU was signed between JSC & the Company Control Department (CCD). The aim of the MOU is to organize cooperation among JSC & the CCD in issues related to regulation & supervision. The MOU was signed by JSC Chairman Dr. Bassam Saket & the General Controller of the CCD Dr Bassam Al-Talhony.
This MOU is a reflection of practical cooperation between JSC & CCD within the supervisory framework on parties under the supervision of both entities; the JSC & CCD. It is also a reflection to have efficient supervision & surveillance on these parties, in a manner that achieves the adherence of companies with relevant legislations, regulations & instructions, enhances the protection of shareholders & investors, disclosure & transparency in the national capital & the investment climate in general.