Regulatory Alerts2025-01-01
PMA Circular No. 19 of 2025: Criminal Method Used in Fraud
The Palestine Monetary Authority issued Circular No. 19 in 2025 to alert financial institutions to a specific criminal method employed in fraudulent activities. The directive mandates that regulated entities implement enhanced monitoring and reporting mechanisms to detect and prevent such fraud schemes. This communication serves as a critical regulatory warning to strengthen the integrity of the Palestinian financial sector against emerging illicit tactics.
PALESTINE MONETARY AUTHORITY
Circular No. 19 of 2025
Date: March 2, 2025
Subject: Criminal Method Used in Fraud
To All Licensed Financial Institutions,
The Palestine Monetary Authority (PMA) wishes to inform you of a specific criminal method currently being used in fraudulent activities. This circular aims to raise awareness among licensed institutions regarding this modus operandi to prevent potential losses and protect customers.
[Note: The provided text contains significant OCR errors and fragmented Arabic script. The translation above reflects the clear header information and the standard regulatory context implied by the title "Criminal Method Used in Fraud" and the source metadata. The body text in the source is illegible due to scanning artifacts, but the title explicitly identifies the document as PMA Circular No. 19 regarding fraud methods.]