Circular No. 37/2023 – Money Changers: Anti-Money Laundering and Counter-Terrorist Financing Instructions No. 4 of 2022

Palestine Monetary Authority
PALESTINE MONETARY AUTHORITY

Circular No. (37 / 2023)
To all Money Changers operating in Palestine Date: Wednesday, 08 February, 2023

Subject: Anti-Money Laundering and Counter-Terrorist Financing Instructions No. (4) of 2022

Attached are the Anti-Money Laundering and Counter-Terrorist Financing Instructions No. (4) of 2022, issued by the National Committee for Anti-Money Laundering and Counter-Terrorist Financing and published in Official Gazette No. (198) regarding anti-money laundering and counter-terrorist financing for financial institutions. Accordingly, immediate measures are requested to implement the provisions and requirements of the aforementioned Instructions, and to update policies and operational procedures in accordance therewith.

Furthermore, prior Instructions issued by the National Committee for Anti-Money Laundering and Counter-Terrorist Financing are hereby repealed, as specified in Article (38) of the aforementioned Instructions.

Supervision Group
Palestine Monetary Authority

Copy to: The respected Financial Follow-up Unit

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