Regulatory Alerts2018-01-01
Circular 99/2018: Updated Quarterly Database File
The Palestine Monetary Authority issued Circular 99/2018 requiring all specialized lending institutions operating in Palestine to complete and submit an updated quarterly database file on a quarterly basis, synchronized with their regular quarterly reports (the Unified Report and Provision Schedule). This mandate aims to strengthen sector safety and enhance transparency and disclosure standards across the specialized lending market. Institutions must also ensure their technological environments and automated systems remain fully aligned with the data requirements specified in the circular.
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