Jordan – Law to regulate insurers
Monday, 10 02 2017, Category: Insurance and Reinsurance, Country: Jordan
The Central Bank of Jordan in coordination with the Ministry of Industry, Trade and Supply are preparing a draft law to establish a modern mechanism that will enable the central bank to supervise and follow insurance activities efficiently and competently.
The draft law follows the decision of the council of ministers issued on 24 February 2016, which commissioned the central bank to regulate and supervise the insurance sector.
Source: Gerasa News