Regulatory Alerts2025-01-01
Circular No. 52/2025: Launch of the Digital Financial Identity System iDplus
The Palestine Monetary Authority issued Circular No. 52/2025 to mandate the phased launch of the iDplus digital financial identity system for all banks operating in Palestine. The implementation begins with a pilot phase from June 21 to June 30, 2025, requiring banks to encourage staff registration and report technical issues daily. This initial stage serves as a critical trial to resolve challenges before the official go-live date scheduled for July 1, 2025.
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