By bnm Gulf bureau The Central Bank of Jordan (CBJ) has issued new ‘Financial Consumer Protection Instructions for the Banking Sector’ (No. 14/2024), set to take effect 90 days after publication in the official gazette, the bank announced on October 21. The new regulations, applicable to all banks operating in Jordan, aim to establish a comprehensive framework for financial consumer protection that aligns with recent developments in the kingdom’s banking sector. The instructions set clear legislative controls to regulate the relationship between banks and customers, define banks’ responsibilit…