Regulatory Alerts2024-01-01
Circular No. 112: Customer Attribute Codes
The Palestine Monetary Authority issued Circular No. 12/2024 to mandate all Palestinian banks adopt the updated Customer Attribute Codes Annex. This directive standardizes borrower classification across credit information systems by aligning with previous circulars and ensuring accurate, comprehensive data reporting. Banks are required to implement the revised code structure immediately to maintain regulatory compliance and operational efficiency.
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