Regulatory Alerts2025-04-28
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Circular No. 34: Family Care Charity Association
The Palestine Monetary Authority issued Circular No. 34/2025, directing all banks operating in Palestine to freeze the bank accounts of the Family Care Charity Association (Registration No. C-1265-GA). This freeze remains in effect until the association rectifies its administrative status and submits a ministry-approved letter for its newly constituted board of directors. The directive, supported by the Ministry of Interior's official request (No. 3892), mandates immediate legal compliance from all relevant financial institutions.
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