Regulatory Alerts2025-01-01
Circular No. 48/2025: Implementation of Decisions and Seizures Issued by Regular Courts
The Palestine Monetary Authority issued Circular No. 48/2025 to all banks operating in Palestine to establish a temporary mechanism for the immediate execution of court decisions and seizures. The directive mandates banks to designate specific email addresses for communication with the Higher Judicial Council, configure technical settings to prevent filtering, and implement internal controls for confidentiality and auditability. Banks are required to provide these details within one week and ensure that all judicial correspondence is processed without delay upon receipt.
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