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Rule · PMA · 7 Feb 2023

Circular No. 23 (2023) Payment Sector Guideline for Implementing UN Security Council Resolutions

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The Palestine Monetary Authority issued Circular No. 23 (2023) to direct all payment service companies in Palestine to adopt the UN Security Council Resolutions Implementation Committee's Guideline. The circular mandates these entities to continuously monitor the committee’s official website and promptly document the application of targeted financial sanctions. Additionally, it requires payment service companies to train relevant personnel on the mechanisms for combating terrorism financing and preventing the proliferation of weapons of mass destruction.

PalestinePalestine Monetary Authority

[Palestine Monetary Authority Logo]

Palestine Monetary Authority
PALESTINE MONETARY AUTHORITY

Circular No. (23/2023)
To all payment service companies operating in Palestine Date: Tuesday, February 07, 2023

Subject: Guideline for Implementing United Nations Security Council Resolutions

Attached is the Guideline approved by the Honorable UN Security Council Resolutions Implementation Committee regarding the implementation of UN Security Council resolutions. Accordingly, necessary actions are requested, including:

  1. Monitoring the official website of the UN Security Council Resolutions Implementation Committee, and working to document the application of targeted financial sanctions promptly and without delay.
  2. Informing and training relevant staff on the mechanism for implementing UN Security Council resolutions related to combating terrorism financing and the proliferation of weapons of mass destruction.

Supervision Group
Palestine Monetary Authority

Copy to: The Honorable Attorney General - Chairman of the UN Security Council Resolutions Implementation Committee

--- www.pma.ps
Ramallah & Al-Bireh Governorate - Palestine | P.O. Box 452 | Tel: +970 2 2415251 | Fax: +970 2 2415310 | info@pma.ps Gaza - Palestine | P.O. Box 4026 | Tel: +970 8 2825713 | Fax: +970 8 2844487

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Source: Palestine Monetary Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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