Date: 19/11/2019

The Jordan Securities Commission confirmed that the decision announced on Monday by the government in relation to the second package for economic reforms regarding the Securities Depository Center will not effect the rights or ownerships of the investors in the capital market.

The JSC clarified in an official statement that the said decision includes restructuring of the Depository Center as an “independent government entity” that will continue performing its duties and responsibilities in accordance with the recommendations that will be issued by a specialized technical committee which will be established for this purpose, which will be taken in light of the adopted international standards and best practices.