Regulatory Alerts2017-01-01
Circular No. 122 of 2017: Publication of Measures and Penalties on the Palestine Monetary Authority Website for Lending Institutions
The Palestine Monetary Authority issued Circular No. 122 of 2017 to mandate the public publication of all administrative measures and penalties imposed on specialized lending institutions and their personnel for violating anti-money laundering and terrorist financing regulations. Effective immediately, the regulator will maintain an updated list of these enforcement actions on its official website to ensure transparency and regulatory compliance. This directive applies to all specialized lending institutions operating within Palestine and serves as a formal notice of ongoing supervisory oversight under Article 44 of Legislative Decree No. 20 of 2015.
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