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House endorses Central Bank draft law

24-04-2016 08:00 PM


Ammon News - AMMONNEWS - The Lower House on Sunday passed the amended 2016 Central Bank draft law in a session chaired by House Speaker Atif Tarawneh and attended by Cabinet members.

The bill grants the Central Bank of Jordan (CBJ) the privileges of monitoring and supervising the national payment system, setting the payment, clearing and settlement regulations under its management.

It also subjects financial institutions that carry our activities beyond those set forth by the bill to the CBJ's controls and also enables the CBJ to perform its tasks to enhance monetary and financial stability in the Kingdom.

During today's session, lawmakers referred to the House Legal Committee the 2016 weapons and ammunition draft law and the draft penal code, and also referred to its Tourism and Antiquities committee the 2016 tourism bill.




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