Regulatory Alerts2016-01-01
Circular No. 155 (2016): Credit Operations System User Permissions Management System
The Palestine Monetary Authority issued Circular No. 2016/155 to mandate the transition from paper-based forms to a digital user permissions management system for the Credit Operations System. Effective September 1, 2016, all lending institutions must cease submitting physical forms for adding, modifying, or suspending user access, as post-deadline submissions will be rejected. The circular designates the System Administrator as the sole liaison with the PMA and requires the System Auditor to enforce dual-control verification and immediate reporting of personnel status changes.
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