On Jan. 12, 2025, JOR CB extended the deadline for financing companies to regularize their status in compliance with Financing Companies Instructions 107/2021.
Extended the deadline for firms to comply with the decision until July 12, 2025.
On May 28, JOR CB issued circular re extending compliance deadline.
JOR CB issued Circular 28/2/8809 for specialized financing companies and mortgage refinance companies re compliance with Financing Companies Instructions 107/2021.
Extended the deadline for firms to comply with the decision until January 12, 2025.
June 10, 2024 Reminder
On Jun. 10, 2024, JOR CB reminded of extending the compliance deadline for the financing companies, except for the microfinance companies, as of January 12, 2025.
Document dated Jun. 10, 2024, was received on Jun. 13, 2024 due to a fixed feed.
Applies to the article 20/B of the Finance Companies Instructions No. 107 of 2021.
This system must also apply for a license and complete all procedures related to that.
Jan. 2025 Extended Deadline
On Jan. 12, 2025, JOR CB extended the deadline for financing companies to regularize their status in compliance with Financing Companies Instructions 107/2021.
Extended the deadline for firms to comply with the decision until July 12, 2025.
Regulators
JOR CB
Entity Types
Bank; MG Orig; MSB
Reference
PR, 1/12/2025; PR, 6/10/2024; Cir 28/2/8809, 5/28/2024; Ins 107/2021;