Regulatory Alerts2025-01-01
Payment-2025-Circular No. 24 Winter Time in Palestine
The Palestine Monetary Authority’s Supervision Group mandates the nationwide implementation of Winter Time, requiring all payment service companies to shift their operational clocks back by sixty minutes. This adjustment takes effect at 2:00 AM on Saturday, October 25, 2025, pursuant to Law No. 41 of 2022 on National Payments and the Council of Ministers’ directive. The directive standardizes seasonal timekeeping across the Palestinian payment sector to ensure synchronized transaction processing and system alignment.
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