Regulatory Alerts2007-01-01
Circular No. 116: Preliminary Financial Data for Banks Listed on the Palestine Securities Exchange
The Palestine Monetary Authority mandates that banks listed on the Palestine Securities Exchange submit quarterly preliminary financial data according to prescribed forms and deadlines. If regulatory approval requires additional time, the exchange will publish these preliminary figures with a clear disclaimer that they lack official PMA endorsement. Upon final approval, banks must immediately provide the exchange with semi-annual and annual financial statements alongside a detailed breakdown of material changes from the preliminary data.
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