Regulatory Alerts2019-01-01
Circular No. 220 of 2019 Regarding Interest Rates and Fees Charged
The Palestine Monetary Authority mandates all specialized lending institutions operating in Palestine to submit periodic statements detailing the interest/yield rates and fees/commissions charged for their services. This directive, issued under Presidential Decree No. 132 of 2011, requires institutions to align these disclosures with quarterly reports to ensure sector stability and enhance consumer protection. Completed disclosure schedules must be transmitted to the Authority's Supervision and Inspection Department via both postal mail and the designated email address.
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