Regulatory Alerts2025-01-01
Palestine Monetary Authority Circular No. 2025/89: Freezing Bank Accounts of the Palestinian Educational Environmental Charity Association
The Palestine Monetary Authority issued Circular No. 2025/89 on August 10, 2025, instructing all banks operating in Palestine to freeze the bank accounts of the Palestinian Educational Environmental Charity Association. This directive is based on a request from the Ministry of Interior to suspend operations until the association rectifies its status and obtains new authorization for its signatories. Banks are required to take immediate necessary measures to implement this account freeze.
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