Regulatory Alerts2025-01-01
Palestine Monetary Authority Circular No. 13/2025: Launch of iDplus Digital Financial Identity System
The Palestine Monetary Authority issued Circular No. 13/2025 mandating all lending institutions in Palestine to participate in the two-phase rollout of the iDplus Digital Financial Identity System. The pilot phase runs from June 10 to 21, 2025, requiring institutions to urge all employees to register for digital identities, while the official launch is scheduled for June 23, 2025. Institutions must report any technical or operational issues during the pilot phase via email to facilitate troubleshooting before the system's widespread implementation.
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