Regulatory Alerts2022-01-01
Circular No. 39/2022: Bank Communication Lines
The Palestine Monetary Authority requires all banks operating in Palestine to submit a comprehensive report on their communication lines within one week. The submission must detail business continuity procedures, the impact of internet outages, data center hosting locations, and a completed technical form covering all internal and external connectivity links. This directive aims to ensure the stability and operational continuity of the banking sector in accordance with established best practices.
Share