Regulatory Alerts2015-01-01
Lending-2015- Circular No. 13 Declaration of Borrower Status for Palestine Monetary Authority Employees
The Palestine Monetary Authority issued Circular No. 13/2015 to mandate all lending institutions operating in Palestine to update their credit reporting data. The circular requires institutions to classify Palestine Monetary Authority employees under the specific code (4000) designated for private sector staff within the Credit Information System (Sijili). Institutions must promptly review and amend these employee classifications to ensure accurate system reporting.
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