Central Bank of Jordan Cloud Guidelines: A Microsoft Commentary
Cloud technology has gained a demonstrable reputation in enabling Financial Services Institutions (FSI’s) the opportunity to drive efficiency, lower cost, increase security and encourage innovation. The Central Bank of Jordan has recognized this and as a result released comprehensive Guidelines on the use of Cloud technology for FSI’s within Jordan.
This White Paper seeks to provide a brief insight into the regulatory framework concerning Cloud technology for FSI’s in Jordan, and some of the key principles within the Guidelines that often raise questions. This White Paper maps these recommendations under the Guidelines to Microsoft’s contractual commitments and technologies, demonstrating how Microsoft assists FSI’s in Jordan complying with the Central Bank’s best practice.