The Jordan Securities Commission outlined its 2026-2029 strategic direction, organised around developing the local capital market, regulating trading in foreign exchanges, and putting in place a framework for dealing in virtual assets, with investor protection framed as a core objective through a safer legislative environment. On capital market development, the Commission pointed to measures including tax incentives to establish joint investment funds, extending Amman Stock Exchange (ASE) trading hours by one hour, reducing trading commissions, and plans to incentivise initial public offerings, alongside continued use of bond issuance including perpetual bonds. It also cited Board decisions to amend Financial Solvency and Capital Adequacy Instructions for the first time in around 30 years, reinforce disclosure and transparency expectations, and amend the Commission’s fee schedule and listing fees to support the Amman Stock Exchange Company’s performance and profitability. For foreign exchange trading, licensing was opened for licensed financial services companies to obtain additional licences other than the Defined Broker, and required guarantees were increased by 100% to manage investment risks, alongside work on trading control systems with the National Center for Cyber Security and public universities and planned investor awareness outreach. On virtual assets, the Commission said it has issued the relevant law and a licensing system for virtual asset service providers, and that once it enters into force it will begin receiving licence applications covering brokerage, trading platform operators, products and issuances, and custody aimed at safeguarding assets from theft and hacking, alongside controls intended to protect customers’ rights and prevent money laundering in line with international standards.

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