Regulatory Alerts2008-01-01
Instructions No. 5 of 2008 Regarding Capital, Reserves, Facilities, Investments, and Financial and Banking Indicators
The Palestine Monetary Authority issued Instructions No. 5 of 2008 to update Palestinian banking regulations in accordance with international best practices and Banking Law No. 2 of 2002. The directive formally attaches eleven specialized regulatory frameworks governing capital adequacy, ownership thresholds, corporate share investments, mandatory and risk reserves, credit provisions, external investments, derivatives and precious metals trading, liquidity management, currency position risks, and banking fees. These measures collectively impose comprehensive prudential and operational requirements on all banks operating in Palestine.
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