Khaberni - The Central Bank issued the instructions "regulating the operation of lending-based crowdfunding activity" No. (2/2026) dated 15/1/2026.
The issuance of these instructions aims to achieve the goals derived from the executive program of the economic modernization vision in the field of developing financial sector legislation and in response to rapidly evolving financial technology (fintech), supporting responsible innovation, and broadening the base of available financing especially for small and medium-sized enterprises and entrepreneurs who find it difficult to access the necessary funding for the growth of their businesses, thereby enhancing the spread of financial services and encouraging innovation in these services.
These instructions establish a regulatory framework that governs the practice of lending-based crowdfunding activity by determining the requirements that companies must meet to obtain a license from the Central Bank of Jordan, governance and risk management requirements, as well as technical and technological requirements for these companies, terms regulating contractual relationships between relevant parties, and the necessary controls to protect the interests of these companies’ clients and ensure their rights such as data protection, money, disclosure requirements, conflict of interest controls, and controls against money laundering and terrorism financing.
The Central Bank invites all companies interested in working in this field to review the instructions "regulating the operation of lending-based crowdfunding activity" No. (2/2026) dated 15/1/2026 published on its website https://www.cbj.gov.jo/ebv4.0/root_storage/ar/eb_list_page/ which are effective from the date of their enactment before applying for a license to the Central Bank as per the Financial Companies Regulation No. (107) for the year 2021 and its amendments and these instructions.
