Circular No. 120 Prize Draw Committee

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Palestine Monetary Authority PALESTINE MONETARY AUTHORITY

Circular No. (120 / 2022) To all banks operating in Palestine Date: Wednesday, June 01, 2022

Subject: Prize Draw Committee

With reference to Circular No. (2022/60) dated 2022/03/10 regarding prize campaigns, and in order to enhance transparency in cash and in-kind prize draw operations conducted by banks in accordance with their granted licenses, the Palestine Monetary Authority emphasizes the necessity of including a representative from one of the supervisory functions as a member of the Prize Draw Committee, with the committee's composition and scope of work to be approved in accordance with established procedures.

Supervisory Group
Palestine Monetary Authority

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