Regulatory Alerts2021-01-01
Circular No. 33/2021 Amendment of the Provision Schedule
The Palestine Monetary Authority issued Circular No. 33/2021 to amend the mandatory provision schedule for specialized lending institutions operating in Palestine. The directive requires all institutions to update the schedule to include disclosures for court-referred loans and financing, aligning with previous circulars on quarterly reporting and rescheduled or non-performing assets. Institutions must submit the revised schedule periodically starting from the end of the first quarter of 2021 via the designated supervisory email address.
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