At a workshop hosted by the Association of Banks in Jordan, Jordan Securities Commission Chairman Emad Abu Haltam set out the commission’s 2026-2029 strategic vision aligned with the economic modernisation agenda, centred on developing the local capital market, regulating virtual asset activity, and strengthening the framework for foreign exchange trading. Recent measures highlighted included amendments to the Financial Solvency and Capital Adequacy Instructions, and a restricted trading mechanism developed with the Amman Stock Exchange that allows companies trading in the unlisted securities market to trade on the exchange for limited periods and within a narrower price range. Changes were also made to the commission’s service fees and allowances, alongside amended listing fees intended to support the sustainability of the Amman Stock Exchange Company. For foreign exchange activity, licensed financial services firms were given a pathway to seek additional licences beyond the Introducing Broker, and required guarantees were increased by 100% to manage investment risks; Abu Haltam also referenced investment fund proposals under review, supported by government incentives that set income tax at zero. With the virtual asset service provider licensing regime issued on 16 December 2025 now in force, the commission will receive applications for initial approval for four licence categories covering brokerage, trading platform operation, product offerings and issuances, and custody designed to protect assets from theft and hacking. The future role of banks in this area was also discussed.
Jordan Securities Commission 2026-01-13
Jordan Securities Commission outlines 2026-2029 strategic vision with virtual asset licensing and expanded foreign exchange regulation
At a workshop, Jordan Securities Commission Chairman Emad Abu Haltam outlined the 2026-2029 strategic vision focusing on capital market development, virtual asset regulation, and foreign exchange trading. Key measures include amendments to financial solvency instructions, a restricted trading mechanism with the Amman Stock Exchange, increased guarantees for foreign exchange firms, and a new virtual asset service provider licensing regime.