Regulatory Alerts2025-01-01
Circular - Banks - Outputs of the First Meeting - 2025
The Palestine Monetary Authority issued Circular No. (2025/30) to communicate the outcomes of its first 2025 meeting regarding banking sector regulations. The circular mandates the implementation of Environmental, Social, and Governance (ESG) frameworks and the submission of Climate Change Disclosure Reports (CCDRs) and Net Zero Commitments (NDCs) by financial institutions. It further requires banks to establish dedicated ESG committees and submit their strategic plans to the Authority for review.
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