Advance in compliance

Capital Bank of Jordan has chosen EastNets, a provider of global compliance and payment solutions and services, to provide watchlist filtering and anti-money laundering control solutions.

Haytham Kamhiyah, general manager, Capital Bank, said, “We decided to develop our current systems by adopting a new solution that is able to keep pace with developments taking place in the area of compliance, and is in line with the requirements of the Monetary Authority, while complementing the relationship between the banks internally and externally.

“This move is in line with the efforts of the financial and banking sectors, and is in tune with the developments in the banking industry and global taxonomy standards, which are associated with the provision of preventive measures.”