Jordan Securities Commission Extends Period of Time Granted to Licensed Financial Services Companies to Undertake Financial Broker Businesses to Increase Capital
11-Jul-2012
On July 10.2012 Jordan Securities Commission (JSC) chaired by the Board of Commissioners Chairman Mr. Mohammad Tash & the membership of the following Commissioners: Deputy Chairman Dr Ahmad Mustafa, Mr. Mansour Haddadin, Mrs. Muna Al-Mufti & Mr. Majd Shafiq, decided to extend the period of time granted to licensed Financial Services Companies to undertake Financial Broker businesses to increase capital to JD (5) million for both “Limited Liability & Private Shareholding Companies” & to JD (10) million for “Public Shareholding Companies”. The one year extension will conclude on December 31.2013 instead of December 31.2012.