Regulatory Alerts2025-01-01
Palestine Monetary Authority Circular No. 7 of 2025: Summer Time in Palestine
The Palestine Monetary Authority issued Circular No. 7 of 2025 to all specialized lending institutions operating in Palestine, mandating the commencement of summer time. The directive requires clocks to be advanced by 60 minutes starting on the morning of Saturday, April 12, 2025. This regulatory change is implemented under Article 22 of Decision No. 132 of 2011 concerning the licensing and supervision of specialized lending institutions.
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