Friday February 2 2018
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Link: http://www.jsc.gov.jo/News/Nws_NewsList.aspx?Type=P&lang=1&Site_ID=2&menu_id2=135#1
On 2nd February 2018, the Jordan Securities Commission (JSC) signed a Memorandum of Understanding with the Palestine Capital Market Authority (PCMA). This development will facilitate joint cooperation and coordination between the two Regulators who will exchange regulatory and professional information that will enhance development and regulation of capital markets in each nation.
This cooperation will enhance the governance of the securities sector in the two markets. It will also improve the regulation around mutual funds, corporate governance, clearing and settlement activities and investment instruments, including Islamic sukuk.
Furthermore the Memorandum will facilitate legislative compliance and it will assist the detection of illegal practices in each respective market.
For additional information please click the link above