DJ COFICERT: 'TAMWEELCOM' CONFIRMS ITS CONTINUED COMPLIANCE WITH AML 30000 STANDARD
COFICERT
COFICERT: 'TAMWEELCOM' CONFIRMS ITS CONTINUED COMPLIANCE WITH AML 30000 STANDARD
29-Apr-2025 / 10:28 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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"TAMWEELCOM" CONFIRMS ITS CONTINUED COMPLIANCE WITH
AML 30000 STANDARD
Paris, April 29th, 2025
Two years after achieving AML 30000 certification, the Jordan Microfinance Company "Tamweelcom" reaffirms its ongoing
commitment to compliance with the standard and continuous improvement of its systems in alignment with its
requirements. The French certification body COFICERT, specialized in financial and extra-financial certifications, has
announced that "Tamweelcom" continues to align its compliance mechanisms-and their effectiveness-with the requirements
of the international AML 30000 standard, dedicated to combating money laundering and the financing of terrorism (AML/
CFT).
This initiative forms part of the technical support and capacity-building efforts led by the European Union, through
the EU Global Facility on AML/CFT led by David Hotte, aimed at assisting microfinance institutions (MFIs) worldwide in
their ongoing fight against terrorist financing and in aligning with the recommendations of the Financial Action Task
Force (FATF).
Granted for a three-year period, AML 30000 certification is based on a rigorous monitoring process, including annual
reviews designed to ensure continuous adherence to anti-money laundering and counter-terrorism financing (AML/CFT)
requirements. This year's assessment reaffirms "Tamweelcom" continued compliance with the AML 30000 standard.
The AML 30000 Standard, issued and disseminated by the IGSF, has become an international benchmark for financial
institutions exposed to the risk of financial crime, particularly those committed to preventing the financing of
terrorism. It offers a comprehensive framework for strengthening and structuring internal AML/CFT systems,
consolidating best practices derived from international standards and applicable regulatory requirements.
Maintaining this certification is of strategic importance for "Tamweelcom" on several levels. Firstly, from a technical
perspective, it reflects the institution's commitment to continuously improving and strengthening the effectiveness of
its anti-financial crime framework. Secondly, from a communications standpoint, it serves as a clear and credible
indicator of compliance for "Tamweelcom" internal and external ecosystem, offering reassurance and confidence to all
stakeholders involved in its environment.
Lastly, through its AML 30000 certification and sustained compliance, "Tamweelcom" demonstrates its capacity and
determination to serve as a role model for financial inclusion within the microfinance sector in Jordan and the wider
region. This contributes to raising industry standards, with the support of the European Commission, and promotes the
broader adoption of good governance practices among responsible, transparent, and committed institutions.
ABOUT:
"Tamweelcom" is a microfinance institution founded in 1999 as a non-profit organization. It operates independently
under the aegis of the King Hussein Foundation and is owned by the Noor Al-Hussein Foundation and is regulated by the
Central Bank of Jordan. Its mission is to offer responsible and inclusive financing solutions. Over the years,
"Tamweelcom" has established itself as one of the major players in microfinance in Jordan, with more than 95,000
customers served throughout the country.
The IGSF is a non-profit NGO based in Luxembourg, whose activities aim to channel and coordinate international efforts
in financial and non-financial standardization. As a standard-setting body, the IGSF focuses primarily on two main
areas: the technical development of standards in financial and non-financial governance, and the dissemination of
standards and best practices more broadly.
The themes addressed by the IGSF notably include issues related to financial governance, the fight against financial
crime, and the social responsibility of companies or organizations of all types.
COFICERT is a French certification body specializing in financial and extra-financial certification, operating in over
40 countries. COFICERT has a longstanding history of working with and alongside international certification and
standards bodies. The organization brings together qualified experts in governance, the fight against financial crime,
and sustainable finance. COFICERT's activities cover the following areas: financial soundness and performance (MSI
20000), corporate social responsibility (ESG 1000), anti-money laundering and counter-terrorism financing (AML 30000),
organizational governance (ISO 37000), and anti-corruption (ISO 37001).
The AML 30000 Standard (AML for Anti-Money Laundering - index 30000) is the international standard dedicated to
combating money laundering, terrorist financing, and the proliferation of weapons of mass destruction (AML/CFT). It is
intended for financial institutions as well as certain non-financial businesses and professions, referred to as
"obligated entities." Certification under the AML 30000 Standard aims to protect and reassure stakeholders against the
risks of money laundering and terrorist financing.
The standard is governed internationally by the IGSF (International Group for Sustainable Finance).
Press Contact: Solène Kennis; +33 (0)1 75 77 54 68
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Regulatory filing PDF file
File: EN CP Tamweelcom - AML 30000
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Language: English
Company: COFICERT
3 Rue Edouard Fournier
75016 Paris
France
Phone: 01 78 91 06 00
Internet: https://www.coficert.org/
Euronext Ticker:
AMF Category: Inside information / Other releases
EQS News ID: 2126628
End of Announcement EQS News Service
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2126628 29-Apr-2025 CET/CEST
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