Regulatory Alerts2025-01-01
Palestine Monetary Authority Circular No. 175/2025 Regarding the Dissolution of the Palestinian Center for Transitional Justice Charity Association
The Palestine Monetary Authority issued Circular No. 175/2025 to all banks operating in Palestine, instructing them to take necessary legal measures regarding the dissolution of the Palestinian Center for Transitional Justice Charity Association. This directive follows an official decision by the Palestinian Ministry of Interior to dissolve the association due to its failure to hold annual general meetings and submit required financial reports. Banks are required to report the specific procedures they have implemented, including actions concerning the association's financial center account, within two working days of receiving the circular.
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