Establishment and Responsibilities

The Securities Depository Center (SDC) of Jordan is a public utility institution established in the Kingdom by virtue of the Securities Law No (23) of 1997, which was issued to a safe, stable and attractive investment environment that supports the national economy. The Securities Law of 1997 separated the functions of the Amman Financial Market (AFM) and created the Jordan Securities Commission (JSC), the Amman Stock Exchange (ASE) and the Securities Depository Center (SDC). This separation of functions has come to comply with the international standards applied in the capital markets. The SDC is subject to the JSC's monitoring and supervision.

The SDC, which has a legal personality with financial and administrative autonomy, commenced operation in May 1999 and is the only entity in Jordan that is legally empowered by the virtue of Securities Law No. (18) of 2017 to oversee the following responsibilities: