The Jordan Securities Commission hosted a working visit by the Czech Republic’s ambassador and a cybersecurity delegation to review how capital market institutions are preparing for digital transformation and managing cybersecurity risks. During the meeting, Chairman Imad Abu Haltam said the Commission is developing a risk-based framework for virtual asset service providers that prioritises investor protection and supports anti-money laundering and counter-terrorist financing effectiveness by moving from operation-based regulation to data-driven, technology-backed supervision. Abu Haltam also outlined the Commission’s approach to strengthening market resilience and reported that the capital market’s general index has risen by about 38% since the start of the year to around 3,434 points, while market capitalisation has grown by about 46% to about JOD 26 billion. The update referenced government measures affecting market activity, including reducing trading commissions, exempting investment funds from income tax on profits, and extending the daily trading session by one hour to three hours; the Amman Stock Exchange highlighted adoption of XBRL e-disclosure and Euronext’s Optiq trading system, and the Securities Depository Center described its use of cybersecurity applications and digital transformation across clearing, settlement, risk management and the Settlement Guarantee Fund.

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