Regulatory Alerts2016-01-01
Circular No. 154: Credit Operations System User Rights Management System
The Palestine Monetary Authority mandates that all banks operating in Palestine transition to a fully digital user rights management process for the Credit Information System, effective September 1, 2016. Banks must cease submitting paper forms for credit system user rights, designate a System Administrator as the sole liaison for all system correspondence, and appoint a System Auditor to verify compliance with internal policies. The Authority will exclusively handle the assignment of administrator and auditor rights via a designated form, requiring strict adherence to immediate reporting of personnel status changes.
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