Regulatory Alerts2018-01-01
Instructions No. 6 of 2018 Regarding Security and Safety Requirements for ATMs
The Palestine Monetary Authority issued Instructions No. 6 of 2018 mandating comprehensive security and safety protocols for all licensed banks operating ATMs in Palestine. The regulations require banks to implement rigorous risk assessments, maintain updated security policies, and install specialized alarm, CCTV, and anti-skimming equipment at all ATM sites. Additionally, the directives enforce strict monitoring procedures, cardholder protection measures, physical anchoring standards, and enhanced safeguards for high-risk and offsite locations.
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