The Central Bank of Jordan issued Instructions No. 2/2026 on regulating lending-based crowdfunding, creating a formal regulatory framework for firms seeking to operate crowdfunding platforms that facilitate loans. The instructions set out the requirements firms must meet to obtain a Central Bank licence, alongside governance and risk-management standards, technical and operational requirements, and rules governing contractual relationships among relevant parties. The framework also includes customer safeguards, covering protection of client data and funds, disclosure obligations, conflict-of-interest controls, and anti-money laundering and counter-terrorist financing requirements. The instructions are effective from the date of their approval. The Central Bank directed prospective providers to review the instructions before submitting a licensing application under the Financing Companies Regulation No. 107 of 2021, as amended, and the new instructions.
Central Bank of Jordan 2026-01-20
Central Bank of Jordan issues rules for lending-based crowdfunding covering licensing, governance and customer protection
The Central Bank of Jordan issued Instructions No. 2/2026, establishing a regulatory framework for lending-based crowdfunding platforms. It outlines licensing requirements, governance and risk management standards, technical and operational criteria, and rules for contractual relationships. It also includes customer safeguards like data protection, disclosure obligations, conflict-of-interest controls, and anti-money laundering measures.