2024-01-01
The Palestine Monetary Authority issued Circular No. 21 of 2024 to establish mandatory requirements for reporting IT operational events and ensuring information security within regulated entities. The directive mandates the immediate notification of significant IT incidents and outlines specific protocols for maintaining the confidentiality, integrity, and availability of information systems. Compliance with these standards is enforced to mitigate operational risks and safeguard the stability of the Palestinian financial sector.