Regulatory Alerts2023-01-01
Circular No. 218 on the Continuity of Operations of Specialized Lending Institutions
The Palestine Monetary Authority issued Circular Number 218/2023 to mandate specialized lending institutions in Palestine to activate business continuity and crisis management plans amid current operational conditions. The directive requires these institutions to optimize human resource deployment, restrict inter-governorate travel, and implement remote work protocols while empowering management to close branches based on field assessments. Compliance must align with Instructions Number 2018/04 to ensure sector stability and employee safety.
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