Regulatory Alerts2025-01-01
Circular No. 115/2025: Al-Mustaqbal Charity Association
The Palestine Monetary Authority mandates all banks operating in Palestine to immediately freeze all bank accounts of the Al-Mustaqbal Charity Association (Registration No. 7696). This enforcement action is executed in direct response to a formal request from the Ministry of Interior's General Administration of Non-Governmental Organizations and Public Affairs. The account freeze will remain strictly in effect until the Association fully rectifies its administrative status and the Ministry officially approves a new board of directors.
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