Regulatory Alerts2014-01-01
Circular No. 169/2014: Financial Statements
The Palestine Monetary Authority mandates all banks operating in Palestine to submit complete financial data according to the attached schedule via the periodic statistics file exchange service. This requirement takes effect on a monthly basis starting with January 2015 data, covering the three primary currencies (Shekel, Dinar, and Dollar) while valuing all other currencies in US Dollars. The directive is issued by the Supervision and Inspection Department and includes an attachment detailing the specific data fields and explanatory notes for compliance.
Palestine Monetary Authority
PALESTINE MONETARY AUTHORITY
Circular No. (169/2014)
To all banks operating in Palestine
Date: Tuesday, November 18, 2014
Subject: Financial Statements
All banks are requested to complete the required financial data according to the attached schedule, and to submit them via the file exchange service (periodic statistics file), on a monthly basis starting from January 2015 data, for each of the three main currencies (Shekel, Dinar, and Dollar), while other currencies shall be valued in US Dollars.
Supervision and Inspection Department
Palestine Monetary Authority
Attachment: Schedule of required data to be completed and related explanations.
Ramallah - Palestine P.O. Box 452 | Tel: +970 2 2415250 | Fax: +970 2 2409922
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Email: info@pma.ps | Email: info@pma.ps